IOTUSD logarithmic chart Perspective of future movings. Most of indicators still bearish. Waiting for some spring move in the support zone. Collecting the accumulation for the reversal and up-trend.
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IOTBTC same situation
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Spring move with 15% bounce from it with touch to the support , awesome
I like your analysis, but not the target price:-) But since today, you really nailed it with your forcast. On the right these are the order blocks, right? Couldn't it be possible that once it broke down below 0.37 that the downtrend is going to accelerate?
My target for November is around 0.25, small bounce and bottom in December between 0.2-0.23, depending on how the downtrend line since Q1 18 was drawn. I compare this price movements during the next ~6 weeks with the fractal from March/April this year. From there I expect mid December a rally like back in April, caused by bakkt going live. Short term rally with target 0.58-0.6 mid January. Rally followed by further dump. I'm flat now and patiently waiting. But my hope and emotions are leading to such a low price level. I expect even a lower low in Q1/2 next year. Because if we crash from here BTC will be below 6k in extended bear market. In this case absolute bottom should be in Q4 2019. What do you think about my idea? Cheers
gotchgo
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while people are expecting a bull in the iota
streamr already started the bull
the difference between streamr and iota is very simple
streamr already has marketplace, already has iot products for sale
the iota has only promises
know the stream and be surprised
My target for November is around 0.25, small bounce and bottom in December between 0.2-0.23, depending on how the downtrend line since Q1 18 was drawn. I compare this price movements during the next ~6 weeks with the fractal from March/April this year. From there I expect mid December a rally like back in April, caused by bakkt going live. Short term rally with target 0.58-0.6 mid January. Rally followed by further dump. I'm flat now and patiently waiting. But my hope and emotions are leading to such a low price level. I expect even a lower low in Q1/2 next year. Because if we crash from here BTC will be below 6k in extended bear market. In this case absolute bottom should be in Q4 2019. What do you think about my idea? Cheers