Iotausd
IOTA is clearly in a flag pattern 🚀When IOTA touches the purple trend line, it will most likely have a correction and then can try to break its downtrend
Other details are specified in the chart
IOTA is undervalued!
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Can IOTA get above high volume resistance to prepare a breakout?Can IOTA get above high volume resistance to prepare a breakout?
The tasks to do are simple and clear for IOTA - what do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
IOTA fundamental priceBINANCE:IOTAUSDT
IOTA definitely good project for long term, but just be careful now with any long positions cuz we can see squeeze down to test fundamental price around 0.62$
The good signs is we don't touch the bottom on RSI so we are still in neutral zone, and don't see the volume on chart from sellers
Also on daily RSI we can see pump and extremely important to break in out previews high on RSI, if not we will see perfect divergence.
Now we are trade under downtrend line FIB since May 2021
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IOTA Enters Buy Zone after RestestIOTA is a great alternative to other assets associated with it that do not have good entries. Luckily I believe not only will IOTA print, but it gives great staking rewards as well. As you can see the RSI is just low enough to warrant a buy on the 1D chart. There is a large cup and handle pattern which produces a major target of around 3.9. However, I would not be surprised to see this go further once the market starts going. Anyways thanks again and tell me what you think!
This is not financial advice. Do your own due diligence.
IOTAUSDT, We are going toward support zone areaHello everybody
According to the chart you can see the the price is in correction-downward trend and we have 2 scenario that can be happen, one of them is we are made AB of elliott correction and now we are ready to making C of the correction ABC or another theory is we finish the ABC correction and we made wave 1 and we are in coorection 2 of the first wave , the 2nd scenario is more valid than the others because its not attractive that the price drop more to prz level and its not good because if the 1st theory want to happen the btc should dump more to 30K and at this time its not happen
According to the chart the both of the support (S) zone area its good to buy in 2 step and reduce average purchase and wait until the target reach.
We will update targets in future
Good Luck
Abtin
IOTA 4H NEAR FUTURE PREDICTIONTechnical Analysis Summary
IOTA /USDT
TREND ANALYSIS
We have 2 Downtrend in red color (LONG TERM AND ONE INTERNAL )
We have 1 uptrend in green color
Be careful trends need to be modified when broken to the new peaks.
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow levels are daily levels from the past I added them just for educational purposes.
Good luck everyone, stay safe!
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IOTA - 2021 Top PredictionTop of the Mornin' !
I still think IOTA's top for this year would be around $4,65 - Fib and trendlines show that area as a target - it would mean a retest of 2017-2018 top - so far I can't see signs of it going higher than that... Fundamentals are strong though - judge the target based on volatility!
Cheers!
IOTA: Correcto Mundo! 🤠🤠🤠After completing the predicted 5-step formation, we are now all set to continue the correction and approach the green area. Here, the next low point should be established and with it the foundation for new increases. After the low, we expect the price tp surge past $2. A premature increase is only given a probability of 28%.
Push, push!
IOTAUSD❗ Down from resistance 📉IOTAUSD is tending downward from its resistance zone. One more approach of the price to the resistance is not excluded before the coin continues to fall. In this case, a head and shoulders pattern may form, which will support sales for this cryptocurrency.
Have a nice trade!
Your Solldy.
IOTAUSD❗ Price inside the channel 📉The coin is trading in a channel between prices 1.19754815 - 1.55112650. It is assumed that the resistance area will contain the price and the coin will move towards the channel support. The general trend towards the downward correction in cryptocurrencies generally supports this idea.
Have a nice trade!
Your Solldy.
IOTA Looking Hot and Bullish. 🔥 & 🚀Following my previous analysis, IOTA is ready for a historic breakout and it looks like it will not be going down!
A 4h candle above that red trend will be a good sign for IOTA and although bitcoin seems a bit poor, I will personally buy some more IOTA.
BTW as you know, The IOTA Foundation recently announced that they are looking to launch smart contract capabilities for IOTA ; Bullish
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