IOTA could bottom around $1.3 to $1.5 before shooting up
Updated
IOTA has been the poor underdog. Much has been said about the project and its future proof nature, with other coins taking away its glory of the last quarter of 2017.
All that could change, with IOTA been one of the few coins that don't need to be mined. I expect it to hold around the highlighted red region, with the Stoch support the move, and rising up to a target of around $7.8-$8.00.
I'd place a stop loss around $1.23.
All that could change, with IOTA been one of the few coins that don't need to be mined. I expect it to hold around the highlighted red region, with the Stoch support the move, and rising up to a target of around $7.8-$8.00.
I'd place a stop loss around $1.23.
Note
It's gearing up. IOTA failing this support could mean a big drop. I'll wait for a day or two to see how well this support holds, and then enter a trade.Trade active
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