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IOTA building rising wedget and reversal

Panjang
IOTA (BITFINEX:IOTUSD)  
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BITFINEX:IOTUSD   IOTA
Trend Analysis
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trendanalysis
Who followed my IOTA strategy last night made + 8% until this morning already.
IOTA is now forming a rising wedge and will be one of the money makers today!

It is still very cheap and leaves room for a lot of gain. Still 8% to yesterdays average line of 47.

Time to get in!
Komen:
IOTA has left the ascending short term trend line and is in some sideways action with a short term resistance at 43.5. Waves still are ascending, on a smaller level though.
2h MACD and RSI confirm though the next up wave is coming.
I keep a narrow stop loss at 40.8, incase it should fall which I don´t expect at this point.

short term: still money to be made at this low entry level
long term: upward movement will have to confirm the trend reversal by clearly crossing the downtrendline at around 47
Penafian

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