IOTA
IOTA/USDT - IOTA: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the FWB:IOTA / CRYPTOCAP:USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.2399 | 0.2563 | 0.2899, and the major support zones can be found at 0.2063 | 0.1891 | 0.1555. Consider entering at the current price zone of 0.2271 and targeting higher levels.
◰◲ General info :
▣ Name: IOTA
▣ Rank: 79
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Bittrex
▣ Category/Sector: Services - IoT
▣ Overview: IOTA is transaction settlement and data transfer layer for the Internet of Things (IoT). It's distributed ledger, the Tangle, is based on a data structure referred to as a Directed Acyclic Graph (DAG). In the Tangle there are no blocks or miners, and every transaction on the Iota network must validate two previous transactions through a small proof-of-work (PoW). Thus the more transactions occur, the faster the network can process new transactions, theoretically allowing the network to become more efficient as it scales.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.2271 ₮
▣ 24HVol: 3,684,708.745 ₮
▣ 24H Chng: 3.18%
▣ 7-Days Chng: -0.87%
▣ 1-Month Chng: 10.38%
▣ 3-Months Chng: 6.61%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.2399 | 0.2563 | 0.2899
◢ Support: 0.2063 | 0.1891 | 0.1555
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.61
▣ Last 90D: 0.99
▣ Last 1-Y: -0.93
▣ Last 3-Y: 0.67
◲◰ Volatility :
▣ Last 30D: 0.67
▣ Last 90D: 0.69
▣ Last 1-Y: 0.83
▣ Last 3-Y: 1.12
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.70 - Bullish
▣ Reddit sentiment score is N/A
▣ In-depth IOTAUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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IOTAUSD still early (170% gains to be made)We believe that IOTA bottomed out and it's ready to start/continue the uptrend.
If you're patient, you can make even 170 % gains , however it will probably take many months. Take profit levels are shown on the chart.
Buying now for a mid-term or long-term trade/investment may be a good idea.
IOTA is still cheap and we believe that it's very undervalued.
Good luck
$IOTA/#USDT [#IOTA]: BBand_Breakout Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the $IOTA / $USDT chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.22 | 0.2372 | 0.276 and the major support zones are at 0.1812 | 0.1596 | 0.1208. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ General info :
▣ Name: IOTA
▣ Rank: 77
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Bittrex
▣ Category/Sector: Services - IoT
▣ Overview: IOTA is transaction settlement and data transfer layer for the Internet of Things (IoT). It's distributed ledger, the Tangle, is based on a data structure referred to as a Directed Acyclic Graph (DAG). In the Tangle there are no blocks or miners, and every transaction on the Iota network must validate two previous transactions through a small proof-of-work (PoW). Thus the more transactions occur, the faster the network can process new transactions, theoretically allowing the network to become more efficient as it scales.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.2172 ₮
▣ 24HVol: 2,746,212.785 ₮
▣ 24H Chng: 5.745%
▣ 7-Days Chng: 15.77%
▣ 1-Month Chng: -12.24%
▣ 3-Months Chng: 27.36%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.22 | 0.2372 | 0.276
◢ Support: 0.1812 | 0.1596 | 0.1208
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.23
▣ Last 90D: 0.85
▣ Last 1-Y: -1.05
▣ Last 3-Y: 0.74
◲◰ Volatility :
▣ Last 30D: 0.74
▣ Last 90D: 0.68
▣ Last 1-Y: 0.84
▣ Last 3-Y: 1.13
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.70 - Bullish
▣ Reddit sentiment score is N/A
▣ In-depth IOTAUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
IOTA Long-Term View 🔎 Analysis #16/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
IOTA has been stuck inside a big range between the 0.2 support and 0.4 resistance.
🏹 Now IOTA is approaching the lower bound / support zone so we will be looking for buy setups on lower timeframes
For the bulls to take over long-term , we need a weekly candle close above 0.370
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
4H ALGROTMIC TRADING CONFIRMATION SHOWS A BREAKOUT FOR IOTXThis is the final update we will share regarding IOTX until there is a significant change in its price action. We have included additional updates about our expectations for IOTX and our current view. As we have done in the past with OCEAN, when it was around $0.14, and further updates when it reached $0.17. You can view the chart on the following link:
All of the previously mentioned targets for OCEAN have been confirmed.
According to our 4-hour range algorithmic trading, IOTX appears to have confirmation. There is a high probability that IOTX will break out short term.
$0.10 is an important short-term trend target. The current price is stable with low volume, but we anticipate this will change over time.
We have also observed similar signals in the 4-hour range before when IOTX broke out to higher price targets, from a similar starting price, as seen in the following example:
Please note that this is not a day trading update, but rather our primary view on IOTX and its potential for an unexpected breakout.
Our short-term target for IOTX is $0.10, with a middle-term target of reaching its all-time high, and a long-term target of $0.41 in 2023.