quantguy
Panjang

IOTA Breakout

BITFINEX:IOTUSD   IOTA / Dolar A.S.
IOTA has continued its breakout from the dragon head pattern, though retraced slightly. This appears to mark the entry into the second segment of a new impulse wave. We could anticipate some pullback, to $4.37, where we have support from a Fibonacci Level, or to $4.20, where we have some support from the central moving average of the KRI             . Either of these would be optimal entry points, and the wave would still be valid if we touched either of them.

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Clearly a useless analysis.
Balas
Nice 2!
Balas
quantguy Phanphucduc
@Phanphucduc, Thanks!
Balas
Nice !
Balas
quantguy Benjamix
@Benjamix, Thanks for your support!
Balas
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