IOTA made a nice channel run. It made 200% in 10 days. Steadily pushing upward, not many brakes.
If we didn't manage to get in during the light pullbacks or if we tried to short the market we proly
had a hard time watching it from distance.
Now we can see a possibility to enter the market if the price come any close to the lower trend line.
We can see that the price actually stepped up to the higher level of the channel. On 3 hours chart
RSI is falling from an overbought area, on 1 hour chart it is already running back up. According to
the previous pullbacks we can expect sideways at best. Generally high risk investement right now.
Use your risk management rules.
All Time High -+ 1.27 USD was hit just for a minutes and then fell down.
IOTA is a new tech called Tangle. It is purely devoted to the Internet Of Things - machine
ordering a spare part directly from an another machine when sensors register a failure.
Future tech for the the future market. Futuristic even for the cryptoworld but having
a great potential in my opinion. As always do your dilligente research.
What do you think about current market situation? Are you already invested in IOTA
or do you think about it? Curious what others do in that type of conditions.
Thank you for watching. Good luck and peace!
Disclaimer:
Due to its extremely high volatility Trading Cryptocurrency is very challenging. Potentially it can be a profitable opportunity for investors. However, before deciding to participate in the cryptocurrency market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
If we didn't manage to get in during the light pullbacks or if we tried to short the market we proly
had a hard time watching it from distance.
Now we can see a possibility to enter the market if the price come any close to the lower trend line.
We can see that the price actually stepped up to the higher level of the channel. On 3 hours chart
RSI is falling from an overbought area, on 1 hour chart it is already running back up. According to
the previous pullbacks we can expect sideways at best. Generally high risk investement right now.
Use your risk management rules.
All Time High -+ 1.27 USD was hit just for a minutes and then fell down.
IOTA is a new tech called Tangle. It is purely devoted to the Internet Of Things - machine
ordering a spare part directly from an another machine when sensors register a failure.
Future tech for the the future market. Futuristic even for the cryptoworld but having
a great potential in my opinion. As always do your dilligente research.
What do you think about current market situation? Are you already invested in IOTA
or do you think about it? Curious what others do in that type of conditions.
Thank you for watching. Good luck and peace!
Disclaimer:
Due to its extremely high volatility Trading Cryptocurrency is very challenging. Potentially it can be a profitable opportunity for investors. However, before deciding to participate in the cryptocurrency market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.