We saw IOTA retrace to fib .618, followed by a downward channel to .000171827 (2nd support) flag breakout. It is now forming a pennant and we can expect to see IOTA to meander at .00025 prices before either reversing or hit our next target.
Buy: .00023 to .000235
Short: .000282 - .000314 - .000376 - .00039
Stop: .0002
Buy: .00023 to .000235
Short: .000282 - .000314 - .000376 - .00039
Stop: .0002
Trade closed: target reached
1st and 2nd target reached. Enjoy
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.