majorlee

IOTA [MIOTA] log chart for further gains [BTFD]

Alış
majorlee Güncellendi   
BITFINEX:IOTUSD   IOTA
Using a quick log scale on IOTA price we can see a H&S formed and price came down and now has seemed to have bounced from the $0.8 area with a double bottom formation indicating a reversal

The price action supports a bullish rally at this point...

IOTA/USD is close to a support line and presents good buying opportunities once higher highs and higher lows are established.

lookin for entry when it bounces off the trend line again or aggressively around $1 area

TP targets use the fib levels to sell accordingly, use a good SL 10-15% under ATH is $5.25

good future with IOTA and everything thats coming with it, enjoy ya Tangle coins!


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Yorum:
STAY CALM and KEEP BTFD


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.