IOTA (Possible 20%+ Bounce or 100%+ Break-out)

2017年12月14日My recent thoughts on IOTA.

2017年12月14日

評論

And here are all my thoughts haha..

Many people are saying it has broken the symmetrical triangle it formed after its break-out on Dec 6th and advise selling. In very short-term, yes this may be true. But relaxing the constraints on this symmetrical triangle we can still see room for to a low of ~$3.30 with then great upside from there. It may panic sell if it drops ~$3.25, but then snap right back up as we see this happened around Dec. 7th. Just make sure to manage your risk.

Long-term IOTA is looking great in my opinion. I'd just started technical analysis three months ago, but I am a software developer and hold a degree in Computer Science if that gives me any type of legitimacy idk. But I can not get the idea behind this technology out of my head. A machine-to-machine economy; a business-to-business token. It makes the most logical sense among many cryptos.
- Tesla's Self-driving fleet needs a currency - youtu.be/vb25sZbsFtw
- Dell's vision for IOT - delltechnologies.com/en-us/iqt-day/index.htm?cmp=iqtlaunch-social-youtube
- Tolls on highways throttle prices real-time based on congestion - npr.org/2017/12/12/570248568/are-40-toll-roads-the-future
- And then you have all the applications they are researching with Mircosoft, BOSCH, Fujitsu