IOTA/BTC - higher low & V shape recovery?Everywhere is blood on the streets, but it seems like it cannot get worse than that. We have a strong bullish hidden divergence playing out with a higher low while RSI is at 34 for yesterday. MACD could converge from here again. There is a high chance that we do climb up from here without seeing these lows again. The question is how quickly we can reach our previous high again.
Aiming to reach the 3600 Sats mark (Mid Band BB) again.
IOTAUSDT trade ideas
IOTA - RSI low, extreme fear offers opportunityThe FUD around crypto is hitting hard. The market has not been this oversold (RSI on the daily) since March 2020. 75% price loss from the peak is a pain for people who came in late and I hope this will not scare away newcomers. However, for others this is a great opportunity to enter the market who before argued that prices were too high.
We broke a critical support at 1.70 and from there it was a free fall to the current support at around 0.68 and currently we are trading at 0.76. The crypto market is ruthless and we might see another leg down, but I also see a great recovery coming as history has it proven to us many times. It is interesting that less volume has moved the price much more down then it did beginning of Feb on the way up.
One thing has not changed at all during this sell-off - the technology.
This is no financial advice.
Happy trading!
IOTA - The sleeping giantIOTA has a very healthy performance compared to other cryptocurrencies. Although the exponential growth is still missing here, the coin is developing slowly and steadily upwards. IOTA has a stable trend channel that withstands even major corrections in the crypto market.
Apart from the technical analysis, the IOTA project has a promising fundamental basis due to the many partnerships with large companies.
Of all the cryptocurrencies, IOTA is one of my favourite coins. Definitely long!
Is IOTA going for new ATH ???Hello everyone ! Historically, in 2017 bull run, IOTA's All Time High achieved and it is 5.69 . Now, IOTA movements belong to a symmetrical triangle with blue lines. Resistance levels are given with fibonacci and support levels are the trend lines. Orange one comes from January and I am attaching the bigger picture.If alts are rising then this can be the bottom for IOTA. Make sure to control your risks and not be greedy while trading. Any of these are financial advice. Have a good one!
My Iota idea.A fairly simple idea about IOTA .
For me, this is still a highly growth-charged coin and I do not believe that after 1000 days of trading, it showed ATH only 25 percent higher than the previous one.
The growth will definitely be parabolic, but it is difficult to judge the timings due to the unpredictability of BTC.
I've drawn her height in chunks of her own graph, just because it looks neat.)
This is only 1 of the possible options for her movement, which seems to me the most attractive and real.
as the price moves, I will update the idea.
Of course, not recommendation, evaluate your risks, do not forget about stop loss and of course about take profit)
IOTA LONG
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IOTA
1. TP1 2.8$
2. EXIT 3.16$
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Always Take Your Own Risk and Don't Get To FOMO.
Please Always Take Your Profit If you Didnt' bought in bearish season .