Where is next stop for $IO ?

Based on the recent push, market sentiment, and IO energy it gathered during past weeks, the next resistance level is around 3.0. It can take sideways movements at this resistance level for another energy consolidation to reach next level.

DYOR

Stay tuned!!

#IOInternetofGPUs
#SpotTradingSuccess

$IO has knocked twice at 2.5 resistance, each knock after around 24h, but failed. The third knock (happening somewhere around 10-14 hrs from now) will be decisive.

My analysis says that the knocking pattern shows a breakout to its next major resistance level of 3.9-4.1. However, lots of energy would be consumed to get the push.

If the kick fails, the token will gain energy while sitting at 2.1-2.5 level for next several days.

So In a nutshell, it seems a roller coaster ride for IO until the next major breakout by end August.

DYOR

#IOInternetofGPUs
#SpotTradingSuccess

A frequent error in crypto markets is purchasing too soon after an upward trend reverses to a downward one.
Corrections following significant market structure breaks tend to be more prolonged and severe than anticipated.
It's not wise to buy when only a few are pessimistic and the price is merely 10% off Bitcoin's peak. For the price to decline, some sellers are necessary.
The best time to invest for the next cycle is when the majority have been liquidated, many have exited the market, and most question if crypto is permanently finished.

I remember joining Binance for fun, but it turned out to be my life learning.

I started to see every sphere of life in terms of trading… bullish times, bearish times, and horizontal times. So, I grew more patient, analytical, and data driven instead of sentimental and emotional person.

The best experience I had with Binance is when I started to discover my own ways by taking 15 USDT investment to 86 USDT in the matter of 27 days. But then I realised, I need to learn the skills and try to understand the underlying concepts. The money meter is still on, albeit now with lots of new learnings. Thanks to Binance

Keep growing together guys!

#BinanceTurns7
@Binance Square Official

Future of $IO and Price Mantra

The token is slowly heading towards 7.23 within 6 months timeframe. Know whats happening!
Major resistance at 2.47 is a critical point. But since the token has power and potential, do not think that it would be shooting like star. My End of Year prediction is of 7.23. On the flip side, if the token is not taken care of and small traders lost faith, the token can touch the whooping 1.78 benchmark, however, I see less than 10% chances of same.

The reason behind my discourse is that IO.Net is a decentralized AI computing network that leverages underutilized GPU resources to offer scalable and cost-effective computing power for machine learning tasks. By aggregating GPUs from data centers, crypto mining farms, and personal users, IO.Net can create large GPU clusters that are accessible at a lower cost compared to traditional cloud services. It uses the Solana blockchain for transactions, ensuring secure and instant payments, and includes products like IO Cloud and IO Worker for managing and deploying GPU resources. The platform's native token, IO, is used for transactions, staking, and governance within the ecosystem.

#io.net
#IOInternetofGPUs
@IONET1

What $IO is? And What are Its Prospects?

Some Key Questions and Answers as I understand:

The Internet of GPUs (IO) refers to a networked infrastructure where multiple GPUs (Graphics Processing Units) are interconnected and used collaboratively, typically over the internet. This concept leverages the parallel processing power of GPUs to handle complex computational tasks more efficiently than traditional CPUs (Central Processing Units).

Key Features and Benefits:
1. Distributed Computing: By interconnecting GPUs, tasks can be distributed across multiple units, enhancing processing speed and capacity.

2. Scalability: It allows for easy scaling of computational resources, as additional GPUs can be added to the network as needed.

3. Cost Efficiency: Utilises idle or underutilized GPUs, potentially reducing costs compared to traditional centralized data centers.

4. High Performance: Ideal for tasks that require substantial computational power, such as machine learning, AI training, scientific simulations, and graphics rendering.

5. Flexibility: Supports diverse applications and can be used across various industries including finance, healthcare, and entertainment.

Applications:
- Machine Learning and AI: Accelerates training and inference processes.

- Scientific Research: Enhances simulations and data analysis in fields like genomics, climate modeling, and physics.

- Rendering: Improves rendering times for graphics in movies, video games, and virtual reality.
- Cryptocurrency Mining: Optimises the mining process for cryptocurrencies like Bitcoin and Ethereum. $IO is the token for this ecosystem.

Challenges:
- Latency: Network delays can affect performance, especially for real-time applications.

- Security: Ensuring data privacy and protection across distributed systems.

- Management: Coordinating and managing a large number of GPUs can be complex.

The concept of $IO aims to harness the collective power of GPUs to meet the growing demands for high-performance computing in a more efficient and scalable manner.

#IOInternetofGPUs

$IO and associated fears

IO coin is not just a coin for trading, it’s part of a new ecosystem. Think of it as the means to unlock tremendous potential in GPU computing. So don’t think of any quick Buck bags with this coin.

My conservative estimates show that it is going to go beyond 12.8 Mark in next year. Prior to that, it would build enough strength to go bullish. So if you are a sport to medium term trader, selling it is better… but for long term traders it is nothing but the fortune turner.

Stay tuned!

#SpotTradingSuccess

$IO is the sweet which tastes best when cooked on low flame for longer time

Stay tuned! No panic selling and no hurry bagging

Laws of Crypto Trading
===================

1. If you haven’t bought a token, the price would move ⬆️

2. The moment you buy the token, the price would fall ⬇️

3. If you keep staring candles, they will go red.

4. All other tokens, except the one you bought, would continue to perform better.

5. The market would delete half the zeros from your wallet initially, then test your patience. If you are patient enough, it will double your wallet.

Happy trading!

#SpotTradingSuccess

$IO is getting back to life slowly. Although needless to say that this token is tied to $BTC , it is interesting to watch the movement.

The coin is steadily reaching its next Support level of 3.7, but this level is vague. Next to it stands 3.9. And of it manages to hammer through 4.0, the next stop would be near 5.6.

On the flip side, if BTC movement goes barish, my estimates are that IO would hold around 3.5.

As I have said earlier, the coin has potential. Its support base is better than many, but one has to watch out for internal politics of IO.Net which would greatly affect its performance.

My word for you: Don’t jump into this, if you don’t have patience to hold till Nov, 24.

Happy trading folks!

#SpotTradingSuccess

The future of $IO is no different from that of $NOT albeit in a better way.

The coin has tendency to go bullish one last time within a month’s timeframe, but this coin is for those who want to keep it for a longer duration (6-10 months).

If you are interested in long term (6-10 months), you can consider buying it. Read my article on same.

#Dyor2024
#SpotTradingSuccess

$IO will hit around 5.20 in around 4 hours before making decisions for uptrend or downtrend. By this time the whales and sharks will also be awake to manipulate.

So, it’s the time for marking around 5% profit in short time. DYOR

Happy trading!

#SpotTradingSuccess

$IO is the newly launched token. While most of us have already made a fortune with this one, new entrants need to be careful not to make medium or long term trades with this. Taking time on newly launched tokens is generally 10-30 minutes and depending upon the conditions one can extend to one hour but not beyond that. Caution must be exercise or you would weep like many others weeping on $NOT

Happy trading!

#SpotTradingSuccess

In Spot trading, learn to be patient!!!

Not every day, every week is a spot trading week. When the market is bearish, and the sharp declines are eminent, don’t go for spot purchasing for short term gains

For long term gains it’s the best time to jump into the market. But make sure to invest in the best coins as the market would be bullish to those coins and others would get flushed more.

Revisit the market for spot trading around 15-20 June which is expected time to rebounding.

Happy trading!
#SpotTradingSuccess

The road to $NOT is hilly, curvy, and bumpy 😉

Yet it is heading towards the next stop of 0.21

If you have nerves of steel and oceans of patience, do dive in… it’s rewarding, thrilling, and amazing 🤩

#SpotTradingSuccess

$NOT is going to touch 0.019987 before the dip again. That’s gonna be around 5%⬆

Trade carefully, don’t let the emotions drive you.. stay safe. The whales ara partying while sharks are hunting the seas

Happy Trading!
#SpotTradingSuccess

$W seems to be the next token for good long profit.

Entry: 0.666
TP: 0.712
SL: 0.621

DYOR

#SpotTheNextWinner

I hinted you guys yesterday about #CryptoCrash !

Those who picked up the signal played wisely and took short positions to make fortune. Those who marked it as “routine business” lost bucks in anticipation of good turnover.

I don’t charge a dime to help others, because I have been through this and learned the hard way. I can only help you guys by promoting the results of analysis.

Happy trading folks �

#FutureBillionaire

The market is dead!!!

Any thoughts? What’s the news?