BITFINEX:IOTUSD Here is my new idea for IOTA, we are still inside an ascending triangle (possible pennants after me) and if we break the down trend resistance we can expect nice profit around $7 - $8. The RSI and MACD supports an upper movement, the volume is decent but more will come once we approach the break point. On a 4 hour chart we had a kumo breakout which confirm the up trend for now. I'm still bullish on IOTA specially after yesterday correction.
Komen
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If BTC gets all the attention we might not see this happening :). I will post more info once we get around the break out.
Komen
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Komen
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Komen
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BTC going up again, this pattern failed. I will post another idea soon once BTC is more stable.
Komen
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IOTA will eventually surge upwards once the BTC bull run is over which doesn't seem to be stopping.
@profundus, If I'm not right I will go back to the drawing board and reevaluate the situation and adapt based on the trend. In one way or another it will break that resistance. How soon? I would say 1-2 days we should be good to go. Time will tell how close I'm.
pgarret
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@profundus, My recommendation is to not buy below the breaking point because it can take some time and test the lows again, so better way then fell sorry.
UnknownUnicorn1360704
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@pgarret, I'm all in already :) Thank you pgarret. We're living in interesting time. So lets wait and watch!
pgarret
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@profundus, Yes indeed we are. how long will last? will see, I would say 2018 will still be a good year if not the best one in crypto.