IOTA with ticker IOTUSD made an impulsive recovery into first leg (A)/(1) at the beginning of 2023 after we spotted a completed 5th wave at the end of 2023.
It made a deeper decline recently, but it can be also trading in final stages of wave C of a higher degree A-B-C corrective drop within wave (B)/(2). However, to confirm support in place and further rally for...
It is still relatively a safe entry after a month of consolidation. Entering a trade during a consolidation period is challenging because market makers could still plunge the price below the range and then move bid the price up sharply. So I would just take 1/2 position here and add the other half should there be a plunge close to my stoploss level. Good luck.
This is some might great work able to be performed
You have to trust the process..
and trust YOURSELF with the same if not greater trust that others find in you.
Just mark-up play..
Happy Holidays.
IOTAUSD looks like XLMUSD that we just published:
Successful breakdown and beautiful follow through , very aggressive.
Expecting the price reaching the target soon.
Good luck!
IOT / USD: 10% within 2 weeks?
IOTA, the cryptocurrency that had great potential last year continues to be in trouble.
Based on its trend and MACD, we expect a decrease of about 10% in the next two weeks.
Trade safe!
As wee see IoTA is in the process of accumulation with strong support levels around 0.25, 0.20, 0.14.
Those who bought higher do not want to sell this good asset so cheaply and are waiting for a better time. I am sure that the market will soon collapse and the will touch these levels and most likely will continue to accumulate at these levels for some time until...
