IOTA TA (Daily chart) [09 April 2019]

Reason to Long IOTA
- Breakout of symmetric triangle
- 4hr EMA fanning out
- Daily EMA expected to have golden crossover
- BTC bullish sentiments

Entry Point : $0.327 - $0.349
- 0.382-0.618 fib level

Exit Point : 4hr chart to have golden crossover
- Combined with RSI, MACD analysis

Yorum:

Retrace to below golden pocket, with wick touching 0.786 fib level at $0.31.