Iotusdt
IOTUSD (D): Iota is out of the mud. > 2 > 4 > 8 USDVW has a remarkable cooperation with Iota. Bosch too. Bosch and VW are able to make IOTA to a standard in the automotive industry. IOTA broke the 300MA and is on the way to 200MA/100MA (green Circles). All of this could trigger a long upward trend. i'm long.
Targets:
Fibo 0.382 = 2.32 USD
Fibo 0.618 = 3.55 USD
Fibo 1 = 5.80 USD
Fibo 1.618 = 8.75 USD
Psychological barriers are 1, 2, 3, 4 and 5 USD.
Let's see what happens. Happy trading. :-)
Swing Trading with IOTA
Hello Everyone! Subscribers asked me to do a token analysis of IOTA/USD. And so we have a bullish trend which is not surprising in our case. We have a good signal on short. We are probably either in the 5th wave of growth or in the b wave of correction. But it doesn't make any difference as the place for short is good. It is also possible to enter short on breakdown of the channel. Pay attention to the strong divergence on my oscillator. Levels for fixing at me on the chart. Good luck. Subscribe and like if you want see my daily analysis of tokens as EOSUSD OMGUSD and IOTAUSD.
Stop it with those triangles - Don't even tryThere was a time when they were useful. the upward trend that followed when we broke through the first triangle after the massive early December price increase.
However since then, descending triangles, ascending triangles, all those pretty channels and wedges, they don't tell us shit anymore.
Hell, I can't even make much sense of those indicators. Maybe there are others who can include even more indicators and combine them in some clever way to get an idea what's happening next with this revolutionary technology's token price.
I have yet to see a single post on here which managed to accurately predict the next move. And I like to think I have read them all.
I'm not a big fan of fundamentals, but here is what I do think:
It won't moon anytime soon.
Shit, the price probably won't even go through the roof of a hobbit hut before March.
It (the tangle) is the foundation for an entirely novel economy and this token is one of the fundamentally solid and safest investments to make on the cryptomarket.
Call me crazy.
IOTA Buy OpportunityIf the price bounces from the support zone formed by SMA100 and 3.00 level, we should expect for continuation of the uptrend. When the price breaks the downtrend line, we'll get a buy signal and an additional confirmation of further upward movement. Pending orders for buy can be placed above the local swing high at 4.10 level with stop at 3.30 level. Profit targets are 5.00 and 8.00 levels.