Hi, everybody. A triangle is formed with the output in the wave 5. Targets on schedule. Put Likes
VW has a remarkable cooperation with Iota. Bosch too. Bosch and VW are able to make IOTA to a standard in the automotive industry. IOTA broke the 300MA and is on the way to 200MA/100MA (green Circles). All of this could trigger a long upward trend. i'm long. Targets: Fibo 0.382 = 2.32 USD Fibo 0.618 = 3.55 USD Fibo 1 = 5.80 USD Fibo 1.618 = 8.75 USD...
Hello Everyone! Subscribers asked me to do a token analysis of IOTA/USD. And so we have a bullish trend which is not surprising in our case. We have a good signal on short. We are probably either in the 5th wave of growth or in the b wave of correction. But it doesn't make any difference as the place for short is good. It is also possible to enter short on...
IOTA is overheated Tear off shorts 1.47 to 1.25 usd Term 1-2 day
IOT may break out of the wedge. To minimize risk, buy before the breakout happens. If breakout fails, since we bought low, our risk is minimal. Could see prices double within a few weeks.
There was a time when they were useful. the upward trend that followed when we broke through the first triangle after the massive early December price increase. However since then, descending triangles, ascending triangles, all those pretty channels and wedges, they don't tell us shit anymore. Hell, I can't even make much sense of those indicators. Maybe there...
If the price bounces from the support zone formed by SMA100 and 3.00 level, we should expect for continuation of the uptrend. When the price breaks the downtrend line, we'll get a buy signal and an additional confirmation of further upward movement. Pending orders for buy can be placed above the local swing high at 4.10 level with stop at 3.30 level. Profit...
TP1: 6 USD TP2: 9.5 USD TP3: 15.5 SL: 3.3 Good Luck :)