Buying has appeared at $0.65, this is a good support to buy IOTA, however, the $0.8 area is very strong so IOTA can fall again to $0.55-0.6 and that's an extremely great price zone to buy. buy IOTA and hold for the long term. IOTA target for August is 1.1$ and 1.3$

🔴Buy : 0.635-0.665$. SL if B 🔴Buy : 0.78-0.82$ if A. SL if B
🔴Sell : 0.78-0.82$. SL if A 🔴Sell : 1.07-1.13$. SL if A 🔴Sell : 1.27-1.33$. SL if A
🔵Buy : 0.55-0.6$. SL if B
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • IOTA is a permissionless distributed ledger "for a new economy". IOTA was conceptualized in 2015 and officially released in June 2017.
  • It targets the Internet of Things, through the use of an open-source distributed ledger. IOTA aims at supporting the growth of a machine economy by enabling "fee-less machine-to-machine payments", offering greater scalability than blockchain networks.
  • IOTA relies on the Tangle, which is a Directed Acyclic Graph (DAG). Unlike blockchains, DAGs do not rely on blocks, miners, nor a concept of a chain. Instead, a DAG is a network of transactions that are linked to each other in a tree-shape network.
  • According to the team, core features include: improved scalability (network activity is negatively correlated with settlement times), low resource requirements, zero-fee transactions, secure data transfers (through encryption), the addition of offline transactions, and quantum immunity.