Iotausdanalysis
IOTA target 21D time frame
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IOTA is creating a standard and strong accumulation zone, this bottom ranges from 0.15~0.35. Currently, IOTA just gets rid of the bottom and starts retesting it, price action is critical in near future to check the strength of breakout. If IOTA can keep being supported from 0.3~0.35, it will pump soon and final target is 2.
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Target: 2
IOTAUSDT.1DBased on the provided market data, IOTA is currently trading at $0.3059 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 67.15, 60.87, and 68.26 respectively. These values suggest that the currency is approaching overbought territory, indicating a possible slowdown or reversal in the near future.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.0026, 0.01, and 0.0252 respectively. This suggests a bullish trend. The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.3052, 0.3062, and 0.3155 respectively, indicating a relatively stable price movement.
The support levels for 4 hours, 1 day, and 7 days are 0.2862/0.2689/0.2511, 0.2442/0.2033/0.1431, and 0.1989/0.1668/0.1325 respectively. These are the price levels at which the currency has historically been unable to fall below, indicating a potential price floor.
The resistance levels for 4 hours, 1 day, and 7 days are 0.3162/0.3696/0.3820, 0.3694/0.4730/0.5662, and 0.3649/0.5662/0.9256 respectively. These are the price levels the currency has struggled to surpass, indicating potential price ceilings.
In conclusion, the technical analysis indicates a bullish trend for IOTA in the short term. However, the high RSI values suggest that a price correction might be on the horizon. Investors should keep an eye on the support and resistance levels, as well as the RSI and MACD indicators, for potential buy or sell signals. As always, it's crucial to consider other factors like news and market sentiment, and not rely solely on technical analysis.
IOTA and the 1150 Risk To rewards potential Opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1150 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
IOTA Analysis 28/02/2021seems golden zone is standing and the retracement is done, we can long it i believe now . it will ultimately go up, just the matter of time
3 TPs specified
1 TP is very easy to achieve
if 2 TP triggered with in the same impulse wave then we can be very bullish on the Coin and not take profit and Holding the Position for the 3 TP
IOTAUSD MIOTA Sell TF H4 TP = 0.1565On the 4-hour chart the trend started on June 27 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.1565
But do not forget about SL = 0.1970
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
IOTA: Little By Little 🤏Little by little, IOTA is moving upwards with baby steps and seems to be willing to leave the magenta-colored zone between $0.06007 and $0.3634. Although there still is a chance that IOTA could develop a new low deeper in the magenta-colored zone, it would be well advised to not get too close to the resistance at $0.0600, as falling below this mark would bode ill for the altcoin. Instead, IOTA should rather continue to rise and climb above the resistance at $1.0550, which would provide a good basis for further ascent.
IOTA: Shake It Off!I’m just gonna shake, shake, shake, shake, shake, shake…
IOTA should really turn up this Taylor Swift song and step up, for we expect the altcoin to shake off the recent correction phase and to move upwards, crossing the resistance at $1.0550. First, though, IOTA must finally complete wave ii in magenta, which could initially lead it a bit deeper into the magenta zone between $0.3634 and $0.0600. However, the altcoin should be careful not to drop below the support at $0.0600.
IOTA: Play Up!“Play up!“, we want to shout at IOTA because it is high time for the altcoin to show some upwards movement. In the process, IOTA should at least make it above the resistance at $1.0550 to indicate further ascent. Meanwhile, IOTA could also finish wave ii in magenta a bit deeper in the magenta zone between $0.36343 and $0.06007 first, though it has to be careful not to break through its bottom.
IOTA/USD TECHNICAL ANALYSIS ON H1Ref to my prev post/publish on 16th May 2022. Price did hit the supply zone and bounce back. It may retest the previous Low on 12th May or may even break it. If you look at weekly time frame (tf 1W), market shown strong bearish movement.
I am not a financial advisor but if you are trading crypto, especially you wanted to take long position, please be careful BUT if you are an investor and planning to HODL for long term. You can just buy.
IOTA: Two RoadsTwo roads diverged in a yellow wood,
And sorry I could not travel both
And be one traveler, long I stood
And looked down one as far as I could
To where it bent in the undergrowth…
The first stanza of Robert Frost’s poem “The Road Not Taken” describes IOTA’s situation quite well. Two roads are spread before the altcoin – which one will it take? There is a 48% chance that IOTA could decide to go downwards and drop below the support at $0.5736. However, we primarily expect it to rise up, crossing the resistance at $1.0550. And if IOTA has made it this far, there is potential for further upwards movement.
IOTA: Caterpillar🐛🦋Like a caterpillar, IOTA is crawling along the support line at $0.5736, its body moving fluently. We expect it to finish wave (ii) in blue and to pupate soon, at $0.5736 at the latest. Then, it should emerge from its cocoon as a beautiful butterfly, spread its colorful wings and fly upwards above the resistance at $2.0842. However, there is a 48% chance that IOTA's wings are too sticky, and it has to creep below the support at $0.5736.
IOTA: Fly Me To The Moon 🌖✨🪐Fly me to the moon,
Let me play among the stars,
Let me see what spring is like on
A-Jupiter and Mars.
In other words, hold my hand,
In other words, baby, kiss me!
After its long correction period, IOTA can finally start singing again. It has finished wave (ii) in blue and turned around just before hitting the support line at $0.5736. We now expect it to take off in the direction of $2.0842 and higher still.
However, caution is still required as there remains a 48% chance that IOTA could tumble below $0.5736 and continue the descent from there. As long as it stays above this mark though, we can join in the popular Sinatra song.
IOTA: Guess who’s back 🎤„Guess who’s back,
Back again,
IOTA’s back,
Tell a friend.”
After its short trip above the support at $0.9810, IOTA is back in the green zone between $0.8968 and $0.7442, imitating Eminem in his song “Without Me” by proclaiming:
“Now this looks like a job for me,
So everybody, just follow me,
‘Cause we need a little controversy,
‘Cause the green zone feels so empty without me.”
We expect IOTA to continue its way though the green zone until its lower end at $0.7442. Just below this edge, IOTA should complete wave c in orange as well as the subordinate wave (ii) in blue and shoot up afterwards. However, there remains a 45% chance that IOTA will not manage to turn around shortly below the green zone. In this case, it should fall deeper still below $0.5736.
IOTA: Under Water 🤿IOTA has jumped off the cliff at $0.9810 and dived into the green thicket of sea weed between $0.8968 and $0.7442. Here, it has been swimming along for a while now, watching the wildlife of the underwater world. We expect IOTA to go a bit deeper still and to finish wave c in orange just below the green thicket. Then, the dive should be over and IOTA should resurface above $0.9810. From there, long-term rise is possible again.
As they are still uncharted, though, IOTA could find something interesting in the depths below the green sea weed thicket and dive below $0.5736 to examine it. The results could then even lead to a continuation of the dive further down. This alternative scenario is rated with a probability of 45%, after all.