IOTA gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. I expect the bull trend to continue for at least 7 more days.
We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend.
Support level-1: 1.96 (Fib 0.5)
Support level-2: 1.45
According to Boston Consulting Group market analysis, Internet Of Things Market will reach $267B By 2020. IOTA is the e-currency of IoT and it is market value will be much more than the whole IoT market as it is a limited commodity.
I recommend to buy and hold IOTA for long term.
If you are a trader, here is my short term idea:
Long at: 2.39
Take profit: >4.0
Stop loss: 1.40
We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend.
Support level-1: 1.96 (Fib 0.5)
Support level-2: 1.45
According to Boston Consulting Group market analysis, Internet Of Things Market will reach $267B By 2020. IOTA is the e-currency of IoT and it is market value will be much more than the whole IoT market as it is a limited commodity.
I recommend to buy and hold IOTA for long term.
If you are a trader, here is my short term idea:
Long at: 2.39
Take profit: >4.0
Stop loss: 1.40
Dagangan aktif
IOTA is rising as I have expected. Buy and hold IOTA for long term.My 2019 forecast is: >100USD.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.