IOTAUSDT.P trade ideas
IOTAThursday, 29 April 2021
18:41 PM (WIB)
IOTA still on consolidation move same as other Crypto's movement today. After reached the highest point as Resistance and touched the lowest point as Support, the price break out from triangle symmetric, and almost similar with Litecoin, XRP, Band, Polkadot, the structure patterns price has break out from descending symmetric triangle. All of the movement, is really depending with Bitcoin. Until now at least.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
IOTA Token Gradually Moving Towards $2.50IOTA token price traded at $2.15 with a loss of 0.93% in the last 24-hour and 2.97% up in the weekly time-frame. Furthermore, IOTA bounced back from the support of $1.50. In contrast, the market capitalization stands at $5.98 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $2.50 in future trading sessions.
Resistance: $2.50
Support: $1.50
IOTA NEXT DAY TRADE INCREASE COIN / DAY TRADE INCREASE TRENDHello trading friends,
For day trade expecting an increase on iota possible target 2.50+
IOTA NEXT DAY TRADE INCREASE COIN / DAY TRADE INCREASE TREND
Follow like for more day trade updates.
Thank you
IOTA - target projection 2.7 - 3.2 USDTechnical: 3.2 USD is still not off the table, although the pennant broke to the downside. We bounced strongly off the lower Bollinger Bands targeting the topper band again. Extension would lead to a new high and cross on MACD. When comparing Iota to Bitcoin , we have experienced a much stronger growth on Iota's side recently. We are bouncing off strongly from the support at 3500 Sat, which has been the resistance for almost 2 years now. Currently, the price is at 3900 Sat and moving upwards again. Bullish divergence could drive the price much higher while being support by 20-day EMA . Touching the new resistance at 4300 should be likely, if not breaking through in the coming weeks on the way to the next strong resistance at around 5400 Sat.
Fundamental: Chrysalis part 2 will be released tonight. NFTs and Smart Contracts will enable endless use-cases combined with a zero-fee environment. The energy consumption of Iota is by far less than what it takes to transact Bitcoin - around 5 million transactions one could do for the same energy it consumes for a Bitcoin transaction right now (1 Iota transaction uses 0.112Wh). The confirmed TX after the Chrysalis update can reach 1000+ TPS . Furthermore, since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin . The demand will increase exponentially, once we see Iota being used to send data & pay in the m2m economy.
This is no trading advice.
Good luck!
IOTA / USDT 4HIn order for the uptrend to continue, IOTA needs to maintain a high resistance level of 2.15
In this case, the next targets will be $ 2.4, $ 2.6 and $ 3.
If the price can not pass this resistance level, we expect the fall to levels of 2 , 1.8 and 1.4
IOTA/USDT Reversal ContinuationShould see I nice week from IOTA. Showing some very healthy moves.
We've come down after the downtrend we've been on as of late, we hit support perfectly,
formed a doji right on support, and have since had a nice green daily candle, all perfect signs of a reversal.
As long as the market doesn't do anything to sporadic, we should see a nice run over the coming days and weeks.
I've added to my long position after bouncing off support and have a trailing stop loss.
Trade safe friends!
IOTATuesday, 27 April 2021
22:55 PM (WIB)
The bearish movement on IOTA was very huge and mostly with high determination to create Resistance and Support. Now I know where is the S/R. But know the price trading in the middle of the ascending channel. Following the time frame, the lower movement will be need to create very strong base ground support.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
🆓MIOTA/USDT Map (27/4) #IOTA $IOTAIOTA is increasing quite strong and is heading to 2.4$ or even 3$. But I think it's still early to reach 4$ zone
📅NEWS
👉Apr 28 : Network Update
📈BUY
-Buy: 1.95-2.05$. SL B
-Buy: 2.35-2.45$ if A. SL B
📉SELL
-Sell: 2.35-2.45$. SL A
-Sell: 2.95-3.05$. SL A
-Sell: 3.8-4$. SL A
♻️BACK-UP
-Sell: 1.95-2.05$ if B. SL A
-Buy: 1.56-1.64$. SL B
❓Details
🕯Timeframe : 1D
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
IOTATuesday, 27 April 2021
10:59 AM (WIB)
What is IOTA?
IOTA is the first distributed ledger built for the “Internet of Everything” - a network for exchanging value and data between humans and machines.
IOTA’s Tangle is an open, feeless and scalable distributed ledger, designed to support frictionless data and value transfer.
Next Generation Data and Value Exchange. New Economies and Possibilities.
No blocks. No Miners. When you send an IOTA transaction you validate two other transactions. This allows IOTA to overcome the cost and scalability limitations of blockchain.
The IOTA network is built to for the Internet of Things, with tamper-proof data, feeless micro transactions and low resource requirements.
IOTA is posed to play a central role in the next industrial revolution, enabling economic relationships between machines and bridging the human and machine economies.
The Tangle is IOTA's network. It immutably records the exchange of data and value. It ensures that the information is trustworthy and cannot be tampered with nor destroyed.
www.iota.org
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
#iota#iotausdt
IOTA is moving upward through the descending channel. Open a long in testing the resistance.
IOTAUSDT Trendline breakoutIOTAUSDT (1H CHART) Technical Analysis Update
Trend line breakout
IOTA/USDT currently trading at $1.98
Buy-level: $1.92- $2.00
Stop loss: Below $1.80
Target 1: $2.15
Target 2: $2.28
Target 3: $2.45
Target 4: $2.60
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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IOTA USDT IOTA The currency has had appropriate reactions along with the Fibonacci lines, and the continuation of the trend based on Elliott waves to conquer the above targets is not far from the mind.
IOTA is a shark with a $6.5 targetshark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
tp1=0.88 XA=$1.5
tp2=1.6 BC=$2
tp3=1.13 XA=$2.5
tp4=2.24 BC=$6.5
BTC/IOTA long-term resistance has become supportBTC/IOTA
Technical: Unfortunately, the pennant from the previous analysis broke to the downside while the entire crypto market fell sharply. When comparing Iota to Bitcoin, we have experienced a much stronger growth on Iota's side recently. We are bouncing off strongly from the support at 3500 Sat, which has been the resistance for almost 2 years now. Currently, the price is at 3700 Sat and moving upwards again. Bullish divergence could drive the price much higher while being support by 20-day EMA. Touching the new resistance at 4300 should be likely, if not breaking through in the coming weeks on the way to the next strong resistance at around 5400 Sat.
Total BTC Dominance is currently at around 50.5%. It could bounce here probably leading to another test of the new support at 3500 Sat.
Fundamental: The progress of the Iota Ecosystem is astounding. Chrysalis part 2, NFTs and Smart Contracts will enable endless use-cases combined with a zero-fee environment. The energy consumption of Iota is by far less than what it takes to transact Bitcoin - around 5 million transactions one could do for the same energy it consumes for a Bitcoin transaction right now (1 Iota transaction uses 0.112Wh). The confirmed TX after the Chrysalis update can reach 1000+ TPS. Furthermore, since the supply of tokens does not increase as it does for most other coins which have miners, we could soon reach a stage in which price keeps going up, regardless of the correlation with Bitcoin. The demand will increase exponentially, once we see Iota being used to send data & pay in the m2m economy.
This is no trading advice.
Good luck!
MIOTA Took Support At $1.55, Now Heading Towards $2.50IOTA price traded at $1.70 with a loss of 15.48% in the last 24-hour and 28.69% in the weekly time-frame. Furthermore, IOTA price bounced from the support of $1.55. In contrast, the market capitalization stands at $4.81 billion. Technically, investors can perceive a negative crossover in the EMA for a short while, and the price is below the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $2.50 in future trading sessions.
Resistance: $2.50
Support: $1.55
