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IOTA

BTC USD / BTC EUR - two possible scenariosWe're curently in a range which might present us actually three scenarios. The one with smaller probability not listed in this example is price stagnation and side movement, which (due to a long term breakout) has a positive impact on LONG positions. Presented here however possibilities consider short term price movement which is restricted by previous behaviour of global traders community. Breakout above current resistance will result in signifficant price movement towards the upside - possibly well above presented here top from 17'th of August (LONG term dynamics). We can't however exclude here long term (strong) resistance in this area, hence tight stop losses are recommended and appropriate capital managemet as always is cruicial for the long term outcome of trading activities. For short term traders LONG here isn't a bad idea since there is a little bit of space for growth, considering visible RSI and supportive (not presented here) 100 Expotential Daily Moving Average. Apart from my cold storage capital - I stay here out of trading, waiting for further price development after unfinished yet weekend. Have a great day - and good luck with your consistency.
BITSTAMP:BTCUSD
by crypto_poet
Bitcoin EUR / BTC USD. Two possible scenariosWe're curently in a range which might present us actually three scenarios. The one with smaller probability not listed in this example is price stagnation and side movement, which (due to a long term breakout) has a positive impact on LONG positions. Presented here however possibilities consider short term price movement which is restricted by previous behaviour of global traders community. Breakout above current resistance will result in signifficant price movement towards the upside - possibly well above presented here top from 17'th of August (LONG term dynamics). We can't however exclude here long term (strong) resistance in this area, hence tight stop losses are recommended and appropriate capital managemet as always is cruicial for the long term outcome of trading activities. For short term traders LONG here isn't a bad idea since there is a little bit of space for growth, considering visible RSI and supportive (not presented here) 100 Expotential Daily Moving Average. Apart from my cold storage capital - I stay here out of trading, waiting for further price development after unfinished yet weekend. Have a great day - and good luck with your consistency.
by crypto_poet
5
Setup is great, but... IOTA-BTC is back to it's "value area" as indicated by light blue. It is what I refer to as "bullish cloud". There is a bull div on the VZO indicator as well, which tells us that bullish move is around the corner. First target is very obvious, a 70-80% price boost. I believe this will happen before Christmas. As for the second offered target, which is anywhere between +150% and 200% from here - I have doubts. I doubt that IOTA can draw sufficient amount of retail traders which are needed to execute a pump of this scale in the current market conditions which are full of doubt and fear. But then again IOTA whales likely need an exit pump so this is what may just happen.
Long
by Owcheew8
IOTA (MIOTA) - September 2Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We must see if we can ascend above the 0.38833201 point. You should also check if you can get off the downtrend line. It remains to be seen which of the two uptrend lines will rise. To get out of the low range, we have to see if we can ascend above 0.57409842. -------------------------------------------------- The volatility period I mentioned yesterday seems to have changed due to the gap in USDT dominance. Volatility was expected around September 4 (September 3-5) as seen in the XBTUSD chart, but this also appears to have changed. However, I think it is necessary to carefully check the BTC price flow. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
BINANCE:IOTAUSD
by readCrypto
1
Why I hodl hope for 'Degen' coinsComparison between an older coin 'Litecoin' and a newer one 'IOTA' Degeneracy can be observed in both cases Litecoin staged a reversal once this degen was finished IOTA i believe is in that stage as of current This isn't just tied to the crypto market it also occurs in other markets i have observed. However it is quite prominent in the crypto space. Out of these two i would still recommend investing in LTC, due to its maturity compared to IOTA, and proven resilience. Time and your own actions are the only variables if you decide to invest in these types of coins.
Long
by Bixley
IOTA (MIOTA) - August 26Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- We must see if we can ascend above the 0.38833201 point. You also need to make sure you can get support at point 0.35335297. If it falls at the point of 0.35335297, I think it is necessary to trade in installments to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
BINANCE:IOTAUSD
by readCrypto
1
IOTA price gets back on track, following IOTAs good newsLooks like IOTA is gaining strength again as it clearly broke the descending channel to the upside on BITFINEX:IOTBTC . No wonder, if you take into account, that IOTA had several positive news in the last few weeks, and traded since some months at very low level, depsite being a very interesting project. Overview over the past few weeks: - IOTA introduced the new lightweight node Hornet: blog.iota.org - Publication of a more detailed Roadmap, where Coordicide gets timed at end of 2020. blog.iota.org - Software AG, the fourth biggest IT company from the European Union by turnover, announced, that they plan a widespread use of the IOTA token. www.crypto-news-flash.com - symbol="NYSE:STM"]NYSE:STM main account on Twitter advertises their X-CUBE-IOTA1 software expansion package for their STM32 MCU (microcontroller) which enables interactions with the tangle: twitter.com - Fundstrat made a detailed investor report about IOTA, valuing the IOTA token at 2035 with a value of 101$. For me, actively following IOTAs news, it contains not much new information to me, except. But it's great to see such a detailed analysis from a professional institution and may drive price higher. fsinsight.com
Long
by nico14
IOTA: Stalling of the Pump. But for how long..?Technical (TD Sequential): 2M Last candle close formed a Red 9 and has been confirmed by a +75% pump, long term bullish 2W Currently forming a green 9 EMA/SMMA cross up, bullish, but will probably pull back first 3D Last candle close formed a green 9 Holding so far in the channels equilibrium Seems strong but stalling short term, pump needs to take a breath, Fundamental Chrysialis Upgrade Part One was just released and the network runs currently on a stable 50 - 70 CTPS / <10s confirmation Time (!) at the moment - feeless obviously. IOTA releases a lot more stuff until the end of the year: Roadmap Conclusion I expect a short pullback (for ~2-3 Weeks) I expect a pullback to the 0.30 - 0.35 area The best has still to come according to 2M chart and fundamental analysis
Long
by nico14