Fxprotrader
Panjang

Iota: Nowhere to Go, But Up..!

BITFINEX:IOTUSD   IOTA / Dolar A.S
Everybody is going to fall in love with Iota in 2018..! Some analysts expect it, reaching $10 in a period by the end of March. Looking at the chart, sticking to technical analysis , we have no different view. All we anticipate, is the next impulse after the one it ended at 5.6000 since a big correction began. The 50% fib retracement of previous impulse at around 3.2000, in addition to previous structure seems to stand as a brickwall to price and most likely this level will be the starting point of the upcoming impulse to the upside. In case we get it, $10 is a realistic profit target..!

Watch for a buy setup completion at current level with stoploss below 2.200 and profit targets at 5.500, 7.200 and a final one being 10.000..!

All the best,
John
Thanks for the analysis
Balas
@Meniro, You are welcome ')
+1 Balas
I hope so, I've been waiting so long. Every day goes by with the same things
Balas
Fxprotrader tientruong2412
@tientruong2412, It restores energy. It my take a couple of months for Iota to skyrocket..! It will and we better are into a buy position..!
Balas
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