DrJLT

IOTUSD no game in January 2018

BITFINEX:IOTUSD   Iota / Dollar
I've been following IOTA. Unfortunately, it has tried multiple times for breakout to no avail.

At this point, it's still trading within the green channel.

While I don't rule out the possibility of an iota breakout, this seems unlikely:


I think a new milestone / news of some kind will be needed for it to break out of the current range.

Holding is fine if no better investments appear.
Komen: such a disappointment. I think the market has decided on the relative place for iota. before other coins have gained substantially in value iota won't
Komen: No idea when I'll get my investment back from this black hole.
iota is not the black hole, btc is!
+1 Balas
I think it's consolidating now and should break out very soon. The chart pattern I'm seeing looks like a strong breakout coming soon in my opinion.
+1 Balas
DrJLT RichardBranson
@RichardBranson, I think a breakout will be forceful, but perhaps not very soon
Balas
ZirSiri DrJLT
@DrJLT, do you think it will drop more to mid/low $3?
Balas
I've looked at it multiples times too but it never broke out. It sucks but maybe people are accumulating?
+1 Balas
when is the next big announcement due ?
Balas
DrJLT trendsta
@trendsta, let us know when you find out, thanks!
Balas
tonezzz trendsta
@trendsta, There's some forthcoming news on Jan 24.. A meetup in Sydney.
Balas
DrJLT tonezzz
@tonezzz, that's not really the "milestone" we're looking for :D
Balas
IOTA is great trading and you've got your trendlines set. buy @ under 3, sell over 4. has bounced many times this month for a healthy & predictable gain. Low volume is good, it's consolidation is near finished and I think it'll have a solid run to 8's
+3 Balas
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