Fundamentals are very strong and I think IOTA is the most undervalued coin in crypto. I'm very bullish and ready to hold it for the next 3-5 years!
But if you want a short-term trade, here is my Idea for the next 3 months:
TA:
- If you ignore the COVID Sell-Off, you can see a nice Channel upwards and price reacts bullish at the support line
- Ichimoku as a trend indicator turned bullish, the green cloud gets bigger and price is in a correaction zone
- Weekly red- to green-candle turns are in an uptrend
Buy @ 0.28
SL @ 0.225
Profit @ 0.5
IOTAUSD
But if you want a short-term trade, here is my Idea for the next 3 months:
TA:
- If you ignore the COVID Sell-Off, you can see a nice Channel upwards and price reacts bullish at the support line
- Ichimoku as a trend indicator turned bullish, the green cloud gets bigger and price is in a correaction zone
- Weekly red- to green-candle turns are in an uptrend
Buy @ 0.28
SL @ 0.225
Profit @ 0.5
IOTAUSD