IOTA Return to Mean

15 Okt 2018

Iota looks good for a play, target is 90c or so can SL under the low around 46c.

Zoomed out view.


See the divergence vs BTC

17 Okt 2018

Nota

Well it looks like it has started. I had to close my long on this because of all the BS going on at Bitfinex. I did buy IOTA there and sent it to Binance so am still playing this but not with margin unfortunatly. Sooner the better this Bitfinex FUD blows over and I can go back there to trade. I love that site is one of the best userwise and options IMO but just take a look at there reddit. I dont think it is 100% safe at the moment.

Anyways this is my thoughts, buy a pullback, set your sell to 13k and set a SL as on the chart. There are some people who chart on here like tradingview.com/u/BobFlynn/ who I like are short on this so a SL is better safe than sorry.

Trade Plan


Zoomed out you can see the moving averages aligning (50/150/200/G/R/W) and the Ichimoku Cloud broken. So I think everything is lining up for a bull move.