Updated

IOTAUSD log trendline buy signal

IOTA has entered a strong support zone, this is a trade for at least a month going forward. A midterm entry/stop/target are indicated.

Note

Entry - $0.93-0.85 range.

Stop - $0.64

Target -$2

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Wasn't as smooth regarding the bounce off the trendline, but already 70% up.

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Good time to take 15-20% off the table and lower our entry point to make a risk-free trade, with a stop loss under last bottom ~$0.89

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If you sold some at above $2, or have some free capital, adding to IOTUSD position at $1.67-1.55 region is a good idea. Currently doing wave 5 of C likely.

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Touching the same (green) trendline once again. Wonder if it will hold this time. Probably should be a good support zone.

profghibli

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profghibli