Of course there will be some corrections on the way, but there is no doubt that we'll hit the upper resistance of the channel in the comming months. Get Ready!
IOTA price is performing negative by 24% on Tuesday's trading session. The price is above the SMA of $0.79. Investors can expect the movement of price towards the support levels of $1.32. All technical indicators recommend a red signal in the coin.
Resistance: $146
Support: $0.85
MIOTA price performed with favourable momentum on Friday's trading session
IOTA price is $1.50, which is positive by 17.07% in the last 24-hour time-frame and 31.17% up from the previous week
IOTA/BTC pair is neutral with 0.07% in Friday's trading session (0.00002888)
MIOTA performed a negative momentum on Friday’s trading session
IOTA current price is $1.13, which is down by 7.47% in the last 24-hour time-frame and 149.04% up from the previous week
IOTA/BTC pair is negative with 2.45% in Friday’s trading session (0.00002392)
themarketperiodical.com
The technical chart of IOTA reflects on the ongoing downtrend faced which resulted in a negative breakout below the 0.382fib level. The levels have now reached the support zone which lies between 0.5fib level and 0.618fib level. It is expected that the downtrend will be halted by the support zone and the price levels might be consolidated within the region or even...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. IOTUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support....
Technical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2215 to 0.1895). if so, traders can set orders based on Price Action and...
Technical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.2660 to 0.2045). if so, traders can set orders based on Price Action...
Midterm forecast:
0.4015 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 55.
New trading suggestion:
*There is still a possibility of temporary retracement to...
Technical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. Price is in the resistance...
Technical analysis:
. IOTA/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility...
Follow up of my yesterday's 1 hour chart based analysis where a long bias was given at around 4.
IOTA/USD
CMP 4.80
Target 5.50 plus
Right Wedge breakout observed with extremely high volumes.
Signifies great momentum based bullish pattern.
5.50 is a conservative target.
Can go further beyond 5.50 close to 7 plus if short term volatility is ignored.
