🆓MIOTA/USDT Map (27/4) #IOTA $IOTAIOTA is increasing quite strong and is heading to 2.4$ or even 3$. But I think it's still early to reach 4$ zone
📅NEWS
👉Apr 28 : Network Update
📈BUY
-Buy: 1.95-2.05$. SL B
-Buy: 2.35-2.45$ if A. SL B
📉SELL
-Sell: 2.35-2.45$. SL A
-Sell: 2.95-3.05$. SL A
-Sell: 3.8-4$. SL A
♻️BACK-UP
-Sell: 1.95-2.05$ if B. SL A
-Buy: 1.56-1.64$. SL B
❓Details
🕯Timeframe : 1D
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
IOTAUSDT trade ideas
IOTATuesday, 27 April 2021
10:59 AM (WIB)
What is IOTA?
IOTA is the first distributed ledger built for the “Internet of Everything” - a network for exchanging value and data between humans and machines.
IOTA’s Tangle is an open, feeless and scalable distributed ledger, designed to support frictionless data and value transfer.
Next Generation Data and Value Exchange. New Economies and Possibilities.
No blocks. No Miners. When you send an IOTA transaction you validate two other transactions. This allows IOTA to overcome the cost and scalability limitations of blockchain.
The IOTA network is built to for the Internet of Things, with tamper-proof data, feeless micro transactions and low resource requirements.
IOTA is posed to play a central role in the next industrial revolution, enabling economic relationships between machines and bridging the human and machine economies.
The Tangle is IOTA's network. It immutably records the exchange of data and value. It ensures that the information is trustworthy and cannot be tampered with nor destroyed.
www.iota.org
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
IOTAUSDT Trendline breakoutIOTAUSDT (1H CHART) Technical Analysis Update
Trend line breakout
IOTA/USDT currently trading at $1.98
Buy-level: $1.92- $2.00
Stop loss: Below $1.80
Target 1: $2.15
Target 2: $2.28
Target 3: $2.45
Target 4: $2.60
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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BTC/IOTA long-term resistance has become supportBTC/IOTA
Technical: Unfortunately, the pennant from the previous analysis broke to the downside while the entire crypto market fell sharply. When comparing Iota to Bitcoin, we have experienced a much stronger growth on Iota's side recently. We are bouncing off strongly from the support at 3500 Sat, which has been the resistance for almost 2 years now. Currently, the price is at 3700 Sat and moving upwards again. Bullish divergence could drive the price much higher while being support by 20-day EMA. Touching the new resistance at 4300 should be likely, if not breaking through in the coming weeks on the way to the next strong resistance at around 5400 Sat.
Total BTC Dominance is currently at around 50.5%. It could bounce here probably leading to another test of the new support at 3500 Sat.
Fundamental: The progress of the Iota Ecosystem is astounding. Chrysalis part 2, NFTs and Smart Contracts will enable endless use-cases combined with a zero-fee environment. The energy consumption of Iota is by far less than what it takes to transact Bitcoin - around 5 million transactions one could do for the same energy it consumes for a Bitcoin transaction right now (1 Iota transaction uses 0.112Wh). The confirmed TX after the Chrysalis update can reach 1000+ TPS. Furthermore, since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin. The demand will increase exponentially, once we see Iota being used to send data & pay in the m2m economy.
This is no trading advice.
Good luck!
MIOTA Took Support At $1.55, Now Heading Towards $2.50IOTA price traded at $1.70 with a loss of 15.48% in the last 24-hour and 28.69% in the weekly time-frame. Furthermore, IOTA price bounced from the support of $1.55. In contrast, the market capitalization stands at $4.81 billion. Technically, investors can perceive a negative crossover in the EMA for a short while, and the price is below the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $2.50 in future trading sessions.
Resistance: $2.50
Support: $1.55
IOTA - pennant formation leading to 3.2 USD?Technical: Iota is forming a pennant clearly visible on the 4-hour chart. This indicates in most cases a continuation move which could lead us to 3.2 USD. It may seem irrational, but taking into consideration what happened during the last weeks I think it is possible. MA-120 and MA-250 are providing great support. I would only reject this hypothesis, if we break through the MA-250 and close below.
Fundamental: The progress of the Iota Ecosystem is astounding. Chrysalis part 2, NFTs and Smart Contracts will enable endless use-cases combined with a zero-fee environment. Since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin . The demand will increase exponentially, once we see Iota being used to send data & pay in the m2m economy.
This is no trading advice.
Good luck!
IOTAUSDT / TetherUS Strong Bullish Mouvement ? Rocket? 120Hope all goes well for you, there is formation for you in the crypto market. This piece makes us see big potential of increase no decline envisaged at this moment. But at any time future market sentiment can reverse so stay focused on abnormal movement. We can see the formation of a symmetrical triangle on the IOAUSDT / USDT pair. Price is moving between resistance and support, we may see a strong upside implusion in order to get to the key resistance area and check it. On the breakout ahead to reach the key level of the last Rsi peak under test and we will have a confirmation signal to the upside. Benefit after the break.
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IOTA/USDT : dumbzone & smart-money zoneHAPPY CHRYSALIS. After a big update like chrysalis, the prices could drop or they pump, we have always seen it on all the major altcoins. The probability is 50/50. But 50/50 probability is for gamblers so we establish a trading plan to avoid any uncertainty bias.
Possible return to buy zone number 1 : 1.27$ - 1.57$ range (dumbzone).
We ideally look for 1$ - 0.65$ (smart-money zone).
YOU MUST ACCUMULATE IOTA. YOU MUST ACCUMULATE IOTA. YOU MUST ACCUMULATE IOTA. YOU MUST ACCUMULATE IOTA.
NOT FINANCIAL ADVICE
TRADE SAFE!
Morpheus.
IOTAUSDT Hello to you all. Mars Signals team wishes you high profits at all times.
The price in a bullish triangle penetrates into the triangle immediately after falling and if it breaks upwards, there is a possibility of a price increase.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!