IOTXUSDT trade ideas
IOTEXUSDTHello Guys , How's Going ? Hope You have good trading in this AMAZING Week
So in this chart actually there is two Senario , Its Obvious on the Chart !
1 : You can buy One step Here
2 : You Can Buy in the Trading Zone
Please Share Your Idea About this chart , DONT FORGET LIKE AND COMMENT
NOT FINANCIAL ADVICE
IOTX 3D Attention! Ideal point to drain your depositToday we'll talk about the sensational IoTeX project in recent days. IOTXUSDT price made in less than 4 days +600%.
Such a rapid rise in price was caused by a combination of two news:
1) launch of uTrade v2, a decentralized trading platform with automated market marketing (AMM)
2) listing IOTXUSD on Coinbase PRO
If we missed some important news about IoTeX, or do not know what we are talking about at all, then please correct us in the comments .
But if you look at the graph of the IOTXUSDT pair globally (on coinmarketcap, for example), we will see that the coin for 3 years from 2018 to 2021 was lying around, no one needed, without the slightest signs of life.
Of course, we can assume that the team was actively working, and investors were accumulating it all this time, and only from 2021 the implementation of 3 annual plans began.
But it can also be assumed that now there is a banal manipulation and pump.
We are not hinting at anything, we are not trading the coin, but looking at the IOTXUSD chart, we see that the price hit the upper border of the channel and a rollback began.
Be careful, because the rollback may take longer, and the price of IOTX itself can fall at best to $0.50, and at worst to $0.35
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A visit back to low $0.12 ?Selling pressure seemed strong enough for a pullback to range of $0.12, still very stong and compared the previous move it had with less volume, so still upward momentum could happen if more volume comes in, but before that we need to retest range of $0.12 for support.
👁️🗨️ This is just my opinion, Price doesn't HAVE to agree with it, ALWAYS DO YOUR OWN RESEARCH.
💣 Use stop-loss and be safe.
💥 Follow and like for more updates on IOTX/USDT.
💦 Risk what you can lose.
Will the uptrend continue?I think it will. Just got put on travala.com for travel payments. The pebble tracker is about to shock the blockchain world. I don't know of another team making real world products. As more devices come online on the future coins get burned. Think about that. DYOR! Tried to tell ya in my last post . Up 100%+ since.
IOTEX/USDT - Long ripper!!Looking at history repeating itself.
Details pulled from coinmarket.com
What Is IoTeX (IOTX)?
Starting as an open-source project in 2017, IoTeX has built a decentralized platform whose aim is to empower the open economics for machines — an open ecosystem where people and machines can interact with guaranteed trust, free will, and under properly designed economic incentives.
With a global team of over 40 research scientists and engineers, IoTeX has built their EVM-compatible blockchain from scratch using the innovative Roll-DPoS consensus and launched in 2019 April, which has been running by 100+ delegates worldwide and has processed more than 10 million transactions already. On top of the IoTeX blockchain, the team has built the essential blocks of infrastructures to connect with Ethereum, BSC, and Heco blockchains such as ioPay wallet (iopay-wallet.iotex.io) and ioTube bridge (tube.iotex.io), which serve ten thousands of users. IoTeX helps EVM-based DApps scale without concerning expensive gas fees!
Besides, middleware such as Decentralized Identity, Confidential Computing, and Secure Hardware has been built on top of IoTeX blockchain to enable self-sovereign devices such as Ucam real-world oracle such as Pebble. The former (ucam.iotex.io) has been deployed to 3000+ households (iott.network) and still proliferates. In contrast, the latter has been launched to 300+ developers initially and enables innovative Dapps that connect the physical world with the crypto world, such as real-world NFTs, weather derivatives, and machine learning-as-mining.
Max Supply
10,000,000,000
Total Supply
9,626,124,332
Market Cap $642,132,322.14
Hourly RSI above 90, short consolidationSo I mentioned this just hours before the run, fun day :))
On the hourly charts RSI is heated up too much, a short term consolidation is likely, take profit and come back in a couple of hours as comparing the volume to previous runs of this coin shows there is still room for growth. $0.2 is the first target short term.
Good Luck!
Perfect Position for IOTXFundamentally this project is perfect, they are literally the better $MIOTA, can't say much more about it. Comparing $MIOTA and $IOTX MC shows the potential.
I can see it easily get bigger than $MIOTA, many partnership with big real world companies etc.
On chart we see consolidation periods for the past 2-3 months, which (looking at IOTX history) could be signaling a turn around.
Ready for a BOOM!
Good Luck!