EylemCulculoglu
Panjang

IOTA Bull Trend Will Continue

BITFINEX:IOTUSD   IOTA / Dolar A.S
IOTA gave a green 2 on the daily chart according to Tom Demark count. This is a clear buy signal. I expect the bull trend to continue for at least 7 more days.
We are at green 5 on the weekly chart which means we can have 4 more weeks of uptrend.

Support level-1: 1.96 (Fib 0.5)
Support level-2: 1.45

According to Boston Consulting Group market analysis, Internet Of Things Market will reach $267B By 2020. IOTA is the e-currency of IoT             and it is market value will be much more than the whole IoT             market as it is a limited commodity.

I recommend to buy and hold IOTA for long term.

If you are a trader, here is my short term idea:

Long at: 2.39
Take profit: >4.0
Stop loss: 1.40
Perdagangan aktif: IOTA is rising as I have expected. Buy and hold IOTA for long term.

My 2019 forecast is: >100USD.
For those who cant read and keep asking for advice here's what he said ...

Trade active: IOTA is rising as I have expected. Buy and hold IOTA for long term.

(do you want it put more simply?)
Balas
DAMN ! the bull run is getting bigger and bigger going VERTICAL NOT PARABOLIC its VERTICAL XD
+1 Balas
I've taken profit at 4-4,1 and 4,2 thanks to your advices! Do you have any recommendations for daily traders? I wanna get back to my position again but I am not sure if it will retrace or not.
Balas
it is 4,35 usd now.i wanna buy but i am afraid about its future.because i dont think to buy to hold for a long time.i buy and sell in short time by its profit.i read ur analysis before but i couldnt buy because of some technical problems.what do u advise???
Balas
I see an increase up to $4.2 (may be more, but not sure yet) Any update in your analysis? BTW thank you very much for your analysis so far.
Balas
thanks a lot your advices . One question about IOTA correction line is it reasonable to invest 3.5$ or waiting down 3.5$?
Balas
Iota chart looks amazing anyway: http://iotapricechart.com/
+1 Balas
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