IOTAUSD - Long term view - Huge upside potential Panjang

IOTA / DollarBitfinex

Huraian

⋅ 7 Nov 2017 pukul 02.47

Since inception Iota has suffered a steady decline forming a huge triangle. Now there is some upside potential:

Hidden bullish divergence has start to show and the decline of volume is easing.

If breakout happens above the trendline the upside potential is quite significant up to 190% if volume keeps pace with the increase in price.

If breakout below the triangle further significant downside can be expected.

In order to minimize risk tight stop losses at entry and on the way are a must.

Enter if there is a solid breakout on top of the trendline CONFIRMED by strong Volume uptick.

Entry: at triangle brekout (around 0.38160)

TP: 1.11986 (190%)
(to be reassessed as the pattern develops, target possible)

SL : 0.33367 (-13%)

Trade safe.

Komen

⋅ 9 Nov 2017 pukul 03.06

Trendline broke,upside momentum confirmed

Dagangan ditutup: sasaran tercapai

⋅ 29 Nov 2017 pukul 04.48

OVER 300% Congratulations to everyone that has read this analysys

Komen

Sofsayen

⋅ 9 Nov 2017 pukul 20.45

Good prediction ! What do you think will happen now ! will we see a pulback to 50 or are we still going to go up ?

alexcrypto

⋅ 10 Nov 2017 pukul 06.11

@Sofsayen, Is already happening, we broke the triangle and we are up around 50%. There will be a lot of ups and down on the way. Situation can be reassessed later.

Sofsayen

⋅ 10 Nov 2017 pukul 18.40

@alexcrypto, where do you think are we going ?

Lebih