IO Coin, Joel, Richard, Long DIONS

Updated
Hi All!

Today we are adding to our Longs on I/O Coin.

Entry: 95k satoshis
Target: 150k satoshis

The Goblin Town accumulation zone ~ 55k range before the breakout paid well. Now we are in 2nd accu zone at 2/1 Gann line, 95k satoshis.

FA:
  • I/O Coin presentation at Fintech awards Sept 27th in Brussels.
  • Revolutionary Decentralised Output Input Name Server (DIONS) countdown rumored to start very soon, as soon as Fintech Awards.


Depending how DIONS goes, we might reach 600% gains at 300k satoshis. For now, we are targeting "mere" 300% gains at 150k satoshis.

Happy trading! ;)

PM to become Goblin
Note
We have seen a nice 25% rally since this trade idea was opened and wouldn't be that far from reaching our targets. Unfortunately, Joel has been a victim to hurricane IRMA and started spreading bearish sentiment on Slack just 1-2 days before the conference. They did commence dions countdown, but it will take 33 days. Which is outrageous for short-term traders. Thus the sell-off. Now between 70-85k is a buy zone with targets as high as 200k+ when the dions start.
Trade active
Another bloodbath day on altcoins i.imgur.com/Qkl2Iqy.jpg

IOC otoh is 15% up. Patience will be a winner in this trade. It's good to reduce position when things don't go as expected and then increase it again when the rain is over.
snapshot
Beyond Technical AnalysisChart PatternsTrend Analysis

Also on:

Disclaimer