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DrJLT
13 Th01 2018 19:50

IOTUSD no game in January 2018 

BITFINEX:IOTUSD240
IOTA / DollarBitfinex

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I've been following IOTA. Unfortunately, it has tried multiple times for breakout to no avail.

At this point, it's still trading within the green channel.

While I don't rule out the possibility of an iota breakout, this seems unlikely:

  • volume stays low during the latest recovery.
  • volatility has not contracted


I think a new milestone / news of some kind will be needed for it to break out of the current range.

Holding is fine if no better investments appear.

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such a disappointment. I think the market has decided on the relative place for iota. before other coins have gained substantially in value iota won't

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No idea when I'll get my investment back from this black hole.

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This POS is really my worst ever decision. Two weeks in, 40+% in the red.
Trend AnalysisTechnical IndicatorsIOTAiotausdIOTUSDmiotamiotausd
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angelalee82
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IOTA is great trading and you've got your trendlines set. buy @ under 3, sell over 4. has bounced many times this month for a healthy & predictable gain. Low volume is good, it's consolidation is near finished and I think it'll have a solid run to 8's
Doc-al-Citadel
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From an fa perspective tertiary looks good but is it ahead of its time. And is it just a diversion. Just not feeling it tbh. Has had its first big pump last year. Next one by the summer imho.
Jolgan
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iota is not the black hole, btc is!
RichardBranson
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I think it's consolidating now and should break out very soon. The chart pattern I'm seeing looks like a strong breakout coming soon in my opinion.
DrJLT
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@RichardBranson, I think a breakout will be forceful, but perhaps not very soon
ZirSiri
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@DrJLT, do you think it will drop more to mid/low $3?
cryptoniter
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I've looked at it multiples times too but it never broke out. It sucks but maybe people are accumulating?
leondb
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With you on this, getting out ASAP if at all ever possible.
trendsta
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when is the next big announcement due ?
DrJLT
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@trendsta, let us know when you find out, thanks!
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