[9-April] Trade active.
Ranked on CoinMarketCap as one of the cryptocurrency with the biggest market capitalization, MIOTA is sitting at #13 in the Top20 altcoins by marketcap.
Let's start with the overview of the project.
MIOTA (IOTA) Overview
What is IOTA?
A permissionless distributed ledger for a new economyAn Open-Source Distributed Ledger
The first open-source distributed ledger that is being built to power the future of the Internet of Things with feeless microtransactions and data integrity for machines.
MIOTA Trade Analysis
Let's start today with the daily chart, this is the chart that we will use for this analysis:
MIOTA Trade Instructions
Buy in: 0.0000620 - 0.0000700
Targets for IOTABTC by Alan Masters:
(1) 0.0000921
(2) 0.0001061
(3) 0.0001191
(4) 0.0001291
Longer term
(1) 0.0000141
(2) 0.0000161
(3) 0.0000181
(4) 0.0000201
(5) 0.0000221
(6) 0.0000261
(7) 0.0000281
(8) 0.0000321
(9) 0.0000411
(10)0.0000471
First round:
(1) 0.0000921 -Reached 23-Dec.
(2) 0.0001061 -Reached 3-Jan.
Stop loss: Close weekly candle below 0.0000600.
Capital allocation: <10%.
WISHING BLESSINGS
Wishing you many blessings for today...
Namaste.