DLavrov
Panjang

IOTA How to Trade

BITFINEX:IOTUSD   IOTA / Dolar A.S.
The price is going to bounce from the uptrend line. We should wait for confirmation of price reversal from RSI . Also it will be good, if MACD supports upward movement. But there is a variant which allows us trading based on the current market conditions. We can see that the market moves in range. Bollinger bands are narrow and DMI confirms range market conditions. We can try to catch a volatility breakout. For this we should place pending orders for buy above the local swing high. It's 0.58000 level. Stop orders must be at 0.46000 level. Profit targets are 0.80000 and 1.00000 levels.
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yea except for the fact that bitfinext is closing all the accounts from USA and they are the only ones trading ioata . Good luck heeping the price up on a coin that we will not be able to trade any longer
Balas
what do you think about now?
Balas
And here we go!
Balas
Hi Dlavrov, i've placed trades on OMG & Monaco as i thought both are looking good after reading your analysis so thanks for the great input. In this chart above you seem to have two support lines and 2 resistance lines, would you be able to let me know how you've chosen points? I understand support/resistance but i want to understand more the thought process on how you have selected them on this chart. Many thanks :)
Balas
Thank you Dlavrov!
Balas
Thank you for sharing this , you are the best
Balas
Thank you!
Danke!
GOOD LUCK!
Balas
Thank you for your work! It helps alot!
Balas
DLavrov Dawnlife
@Dawnlife, you are welcome )
Balas
Its just following BTC
Balas
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