◳◱ A Resistance Breakout has been identified on the
IOTA
/
USDT
chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.2399 | 0.2563 | 0.2899, and the major support zones can be found at 0.2063 | 0.1891 | 0.1555. Consider entering at the current price zone of 0.2271 and targeting higher levels.
◰◲ General info:
▣ Name: IOTA
▣ Rank: 79
▣ 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: 0.2271 ₮
▣ 24HVol: 3,684,708.745 ₮
▣ 24H Chng: 3.18%
▣ 7-Days Chng: -0.87%
▣ 1-Month Chng: 10.38%
▣ 3-Months Chng: 6.61%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.2399 | 0.2563 | 0.2899
◢ Support: 0.2063 | 0.1891 | 0.1555
◱◳ Indicators recommendation:
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary: STRONG_BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 0.61
▣ Last 90D: 0.99
▣ Last 1-Y: -0.93
▣ Last 3-Y: 0.67
◲◰ Volatility:
▣ Last 30D: 0.67
▣ Last 90D: 0.69
▣ Last 1-Y: 0.83
▣ Last 3-Y: 1.12
◳◰ 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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
USDT
chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.2399 | 0.2563 | 0.2899, and the major support zones can be found at 0.2063 | 0.1891 | 0.1555. Consider entering at the current price zone of 0.2271 and targeting higher levels. ◰◲ General info:
▣ Name: IOTA
▣ Rank: 79
▣ 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: 0.2271 ₮
▣ 24HVol: 3,684,708.745 ₮
▣ 24H Chng: 3.18%
▣ 7-Days Chng: -0.87%
▣ 1-Month Chng: 10.38%
▣ 3-Months Chng: 6.61%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.2399 | 0.2563 | 0.2899
◢ Support: 0.2063 | 0.1891 | 0.1555
◱◳ Indicators recommendation:
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary: STRONG_BUY
◲◰ Sharpe Ratios:
▣ Last 30D: 0.61
▣ Last 90D: 0.99
▣ Last 1-Y: -0.93
▣ Last 3-Y: 0.67
◲◰ Volatility:
▣ Last 30D: 0.67
▣ Last 90D: 0.69
▣ Last 1-Y: 0.83
▣ Last 3-Y: 1.12
◳◰ 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.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -