IOTA: Stalling of the Pump. But for how long..?

23 ส.ค. 2020

Technical (TD Sequential):
2M

• Last candle close formed a Red 9 and has been confirmed by a +75% pump, long term bullish
  

2W

• Currently forming a green 9
  
• EMA/SMMA cross up, bullish, but will probably pull back first
  

3D

• Last candle close formed a green 9
  
• Holding so far in the channels equilibrium
  
• Seems strong but stalling short term, pump needs to take a breath,
  

Fundamental

• Chrysialis Upgrade Part One was just released and the network runs currently on a stable 50 - 70 CTPS / <10s confirmation Time (!) at the moment - feeless obviously.
  
• IOTA releases a lot more stuff until the end of the year: Roadmap

Conclusion

• I expect a short pullback (for ~2-3 Weeks)
  
• I expect a pullback to the 0.30 - 0.35 area
  
• The best has still to come according to 2M chart and fundamental analysis
  

23 ส.ค. 2020

บันทึก

Another Idea / Approach: