Internet of Things will play a big role in the upcoming decade, the amount of mobile devices like smartphones/laptops/smart devices/sensors is increasing at rapid pace. Development countries are starting to connect to the internet as well and this huge network of devices is called the 'IoT'. IOTA, a powerful network to support upcoming new developments in this area.
I believe IOTA can be among the top 5 if not top 3 marketcap, meaning there is much growth to come.
The current setup in my chart shows some resistance levels and evolution of trends based on correcting and breaking out from these price points.Currently the purple cup would make the handle and climb up again to retest ATH 0.96% . From there we should see small correction because of strong resistance here, correct and continue a larger EW to ( III 0.00% ). The major outline of these trends is also guided by the use of a fibs circle.
Good luck with trading and have a nice day!
-TheTrex
I believe IOTA can be among the top 5 if not top 3 marketcap, meaning there is much growth to come.
The current setup in my chart shows some resistance levels and evolution of trends based on correcting and breaking out from these price points.Currently the purple cup would make the handle and climb up again to retest ATH 0.96% . From there we should see small correction because of strong resistance here, correct and continue a larger EW to ( III 0.00% ). The major outline of these trends is also guided by the use of a fibs circle.
Good luck with trading and have a nice day!
-TheTrex
Order cancelled:
Broke through bottom cup..