Iotausd
IOTA - the market remains ruthlessThe entire crypto-asset market is bleeding. We were looking for a bullish break-out to the upside with one condition to be met. The crypto market would have to remain bullish. Unfortunately, we have seen the opposite due to interest rate hikes, the banning of crypto in Russia and a potential new pandemic escalation leading to a strong sell-off. Not only in the crypto market, but across different asset types we are experiencing strong declines while tech is one of the hardest hit sectors.
From a technical perspective, we were rejected from the 200D MA. MACD is diverging again and facing the downside which is a bad sign. RSI shows us a hidden bullish divergence which is on the first sight good, but we have a lot more room to go down as oversold regions are much lower than at level 40. I assume a strong support at the 0.6 - 0.8 level and we could bounce quite nicely here. Also depends on how much longer the general market will remain bearish.
Time to BUIDL and forget about returns for a while.
Good luck with your trades! Do not consider this as financial advice.
Looks like make-or-break for IOTA right now!Looks like make-or-break for IOTA right now!
IOTA near to break the price support beginning at Corona crash 2020.
If it breaks future with higher prices maybe far away.
Of corse fakeouts can play out as well... but a bounce now is what I want to see.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
IOTA: Don’t Get Too Comfy!☝️After its steep descent from the orange-colored zone, IOTA has been relaxing a bit and puttering around between $1.1 and $1.2. However, it shouldn’t get too comfy because we expect the price to fall below $0.9810 soon. There, it should get caught by the green area between $0.8968 and $0.7442, finish wave c in orange and bounce off again.
Still, there is also a 30% chance that IOTA could shy away from touching the $0.9810 mark and rather decides to take off earlier. If it manages to reach the resistance at $2.0842, further rise will become more likely.
IOTA BUllish CUP & HandleIOTA is a distributed ledger with one big difference: it isn’t actually a blockchain. Instead, its proprietary technology is known as Tangle, a system of nodes that confirm transactions. The foundation behind this platform says this offers far greater speeds than conventional blockchains — and an ideal footprint for the ever-expanding Internet of Things ecosystem.
IOTA: wait for completion of correction then pile inIOTA: forgotten coin that many have written off has a *very* intriguing chart. This could be a big mover soon. The IOTA team has a great project and have been diligently improving their products, developing exciting new tech, and flying under the radar last couple years. This is about to change. Wait for correction to complete as shown by the C. I'll be a buyer down there.
IOTA is on the edge to be BOUGHT 15/02/2021we can be optimistic now on this Crypto for Good as The Internet Of Things IOTA is on its initial stages and it will grow hugely.
it will be the future technology for a long time.
as of now
It has retraced to its 50% of its past rally and it seem to be on the very good place to capitalized on.
there are chances that it falls more even but yet we should be bullish on it
please notice the SL line and trade it resposibily
we have specified 2 TPs for it too
IOTAUSD D2: 250%+ gains THE BEST Level to BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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IOTAUSD D2: 250%+ gains THE BEST Level to BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: IOTAUSD D2 chart review
::: updated/revised outlook
::: overall strong chart looks good
::: BULLISH compression pattern
::: focus on buying lower later
::: final swipe lower possible/likely
::: but then expect MASSIVE GAINS
::: chart looks good /strong
::: still valid today / great setup BULLS
::: BULL FLAG setup with massive upside
::: still expecting pullback off the highs
::: get ready to BUY LOW later
::: accumulation in range previously
::: then we had 350% gains PUMP
::: we had 2 pumps already before this
::: 350% pump - pullback
::: then 350% pump and now pullback mode
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +250% gains later
::: expecting decent gains soon
::: 20-30% pullback short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +250% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
IOTA - What is the next move?⭐Following the previous analysis, IOTA reached its target and now is in the correction
Despite the weakness of Bitcoin in the rise, IOTA shows the weakness in the fall (According to the chart)
In my opinion there are 2 possible scenarios: the green option is more probable and the red scenario depends on BTC movements.
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