Hi everyone,
Even though the last week has been stormy for IOTA, I still believe IOTA is going to make a run for 7.5 – and even higher in the future.
• The market made a ‘battish-pattern’ – which is not fully according to the ‘book’, but a good indication that the market is done correcting.
• There is also a breakout on the 4H-RSI:
• We broke out of the descending channel
These technical confluences, together with some news events which will be announced short-term, make me believe that this is a good buy.
You can buy the breakout of the blue-trendline. If the market breaks down leg ‘D’, of the harmonic-pattern, the pattern will be invalid.
- Trade with care.
Even though the last week has been stormy for IOTA, I still believe IOTA is going to make a run for 7.5 – and even higher in the future.
• The market made a ‘battish-pattern’ – which is not fully according to the ‘book’, but a good indication that the market is done correcting.
• There is also a breakout on the 4H-RSI:
• We broke out of the descending channel
These technical confluences, together with some news events which will be announced short-term, make me believe that this is a good buy.
You can buy the breakout of the blue-trendline. If the market breaks down leg ‘D’, of the harmonic-pattern, the pattern will be invalid.
- Trade with care.
Nota
There we go: Nota
Retested that descending trendline, we can blast up from here: Nota
'These technical confluences, together with some news events which will be announced short-term, make me believe that this is a good buy. 'On the fundamental side:
- IOTA just released a new wallet, news can be found on their Twitter-page.
- Tangle transaction speeds are suddenly much faster.
- Robert Bosch Venture Capital bets on IOTA as it invests in the future of IoT
On the technical side:
Enjoy the rides, ladies and gentlemen
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.