thomasfar6

IOTA - Simple Support & Resistance, Fibonacci.

BITFINEX:IOTUSD   IOTA / Dolar A.S.
In the past days iota has seen a very large run-up in price, now this tremendous growth often has to come with a bit of sustained correction comma it is unlikely that we will see I hope I drop to previous loads such as under the $2 Mark as the market is currently way ahead of that. We can expect to see the price fluctuate way between $5.50 resistance and the $4 support comma this is a $1.50 range that you can use to play short-term trades comma support lines or supply lines is where you look want to look to be accumulating.

  • Orange - Resistance.
  • Pink - Support.

As always tried the lines accordingly.


Goog guess. Congrats :)
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thomasfar6 MuratcanSefaKatirci
@MuratcanSefaKatirci, Thank you!!!
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thank you made some good money with iota today but looking to understand more about charts
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thomasfar6 nitram696
@nitram696, No problem!!
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