Long

IOTA/USD - Bitfinex // LONG

Updated

Iota had a recently ATH followed by a huge correction after bitcoin price fell by 50%.

Iota then returned it's price to the pattern it had before it reached ATH last week.

If the price breaks from the yellow trendline it will probably reach close to USD5.50 again.

Note

ATH was suppose to be All Time High, didnt know there was a stock with that name.

Note

STOP: 3,73
Limit: 3,75

Close at: 4.80
Profit: 28%

Stop loss at: 3.60
Loss: 3,48%

Note

IOTA just broke below 3,61 and heading to 3,70.

Currently trading at 3,66.

Trade active

Time to buy in?

Note

Huge Support at USD 3,80. A Huge descending trendline from All Time High Value.

If IOTA price successfully breaks this resistance we will see a stronger movement.

Unfortunantly, I did not see a good volume on the market. Maybe people are still waiting to see if Bitcoin has finished correction or not. Or maybe there aren't just enough people on the exchanges due to holidays.

Let's see what will happen. Stop Loss is at 3.60

Note

Currently tradint at 3.81

Note

Will it break 3.90 soon, hopefully

Trade closed: target reached

Not actually the 4.90 but I see another oportunity of investment, I made an chart for YYW at:

Still, Closed at 4.20 position, Got in at 3,75 // 12% Profit, left 50% on Hold and sold 50% for new investment!

UnknownUnicorn1653195

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