Iotausdt
IOTA/USDT Keep an eye, If breakout is success, Back to upward!💎 IOTA has recently displayed significant market dynamics. Currently, IOTA remains in a sideways trend after reclaiming the demand area.
💎 There are two potential scenarios: either IOTA breaks out of the bullish flag pattern without retesting the demand area, or it undergoes a retesting phase before breaking the pattern.
💎 In the event of a successful breakout, we could witness a significant upward movement, probability leading to a retest of our target strong resistance area.
💎 However, if IOTA retraces back to the demand area at $0.23 - $0.22 and breaks below it, the price may resume its downward movement. The next key level of support would be tested, and if it fails to hold, the price could decline further. In such a scenario, IOTA might revisit the strong support area for potential stabilization.
iota looking bullish seems like iotausdt has already bottomed out and preparing for solid recovery in coming weeks
approaching towards multi year descending trend line and expecting breakout too incase of successful breakout expecting massive recovery in coming weeks
successful breakout can lead massive bullish rally towards 0.50$
#IOTAIn the H4 period, it is moving in a medium-term ascending channel, which is moving in a short-term descending channel with the formation of two lower ceilings. If the red box area does not break, the correction can continue until the specified areas. The current structure is corrective in the lower time frame and this upward corrective movement can be a pullback to the broken structure.
IOTA/USDT Keep on Eye, Ready for continue upward movement ???💎 IOTA has been making notable strides in the cryptocurrency market. Recently, it experienced a rebound from a key demand zone, which previously served as a supply area.
💎 If this rebound is sustained, IOTA could potentially continue its upward trajectory, aiming to test and potentially break through a critical resistance trendline. Successfully breaching this resistance, probability could pave the way for IOTA to reach stronger resistance levels, aligning with our target area.
💎 However, should IOTA struggle to break this pattern, there's a possibility of a retreat back to the demand zone for a reevaluation of momentum.
💎 A critical juncture arises if IOTA revisits this demand zone and fails to uphold its value above it, breaking through the demand floor. Such an occurrence would signal a shift to a bearish trend, potentially leading to a downward movement toward a support zone.
💎 In an extended bearish scenario, IOTA might even reach deeper support levels, emphasizing the importance of monitoring its ability to sustain above key demand zones.
IOTAUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 0.33 - 0.37 - 0.41
Stop: under 0.2 (depending of ur risk).
RR: 1 to 3
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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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.
IOTAUSDReview
I suggest looking at this coin from a long-term perspective, because this is one of those assets that you can take into your portfolio.
Throughout the bear market, buyers were able to hold onto 2 year support. Since June 2023, the price has increased by 175%, which gives us excellent prospects for big growth during the altseason.
It’s not worth buying a coin right now, because it’s very likely that we can see another good drop in alts. In the near future, we also expect that the coin will move in the channel, which began to form back in 2018.
Why is it worth taking a closer look at this particular coin?
IOTA became the first registered distributed ledger technology (DLT) fund under the auspices of the Abu Dhabi Global Market (ADGM) in the UAE. The move highlighted IOTA as a leader in digital finance in the Middle East and North Africa (MENA) region.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
#IOTA/USDT#IOTA
The price has been moving in a bear flag since July 2023
The downtrend has been broken
The moving average100 was also broken above
We also have oversold conditions on the MACD
Current price 0.2850
A rebound to 0.2270 is expected
Target 0.3640
Which represents 150% of the current price
You should pay attention to the retracement areas as shown on the analysis
IOTAUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Targets: 0.23 - 0.27 - 0.36
after first target reached move ur stop to breakeven
Stop: ~0.14 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
IOTA/USDT - IOTA: Trend_Reversal◳◱ An intriguing development has unfolded on the FWB:IOTA / CRYPTOCAP:USDT chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.1677 | 0.1837 | 0.2145 and the significant support levels found at 0.1369 | 0.1221 | 0.0913. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.159, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info :
▣ Name: IOTA
▣ Rank: 89
▣ 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: 0.159 ₮
▣ 24HVol: 1,827,655.453 ₮
▣ 24H Chng: 3.448%
▣ 7-Days Chng: 12.59%
▣ 1-Month Chng: 6.28%
▣ 3-Months Chng: -9.42%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.1677 | 0.1837 | 0.2145
◢ Support: 0.1369 | 0.1221 | 0.0913
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -23.01
▣ Last 90D: -21.22
▣ Last 1-Y: -18.39
▣ Last 3-Y: -18.23
◲◰ Volatility :
▣ Last 30D: 0.36
▣ Last 90D: 0.41
▣ Last 1-Y: 0.57
▣ Last 3-Y: 0.94
◳◰ 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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IOTA/USDT Need to break the pattern or Back to strong support ??💎 IOTA has certainly captured our interest, standing at a pivotal point. Currently navigating within a descending channel, IOTA is striving to breach the pattern's resistance, facing setbacks. Overcoming this boundary is essential for confirming IOTA's bullish momentum.
💎 A few weeks ago, IOTA encountered a robust support zone following a descent triggered by breaking a bearish flag pattern.
💎 This formidable area has repeatedly proven its strength, preventing further declines in IOTA's value on numerous occasions, observable on weekly or daily charts. Each interaction with this solid support has historically propelled IOTA into substantial rebounds, exemplified by the recent surge that led it to the pattern's resistance.
💎 However, should IOTA remain unable to shatter the channel's confines in the coming days, it might retreat, seeking solace in the familiar territory of its strong support zone, thereby testing its resilience once more.
IOTA / IOTAUSDTGOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)