Buyopportunity
IOTA Buy OpportunityIOTA has always been one of my favorites and the recent struggle with their wallet has led to a cooldown in price action.
Now we see the price action moving once again and we see IOTA breaking out the Ichimoku cloud and see the beginning of a green cloud forming.
RSI also confirms bullish price action.
- Mind you all to look at the scale of the chart.
Follow the IOTA team at their Slack Channel: slack.iota.org
Some very interesting updates has been announced
Look at the update and then take a look at the chart again.
Good luck on this trade!
Cheers ;)
US Dollar Range Analysis & 100 Pip Buying OpportunityThe dollar is in a defined range of 12050 - 11950 and is likely to trade below 11975 next week, price action below this level is subject to buying pressure (support) which will allow for a buy trade with a target of 12050.
A buy on the triple tested support of 11950 will open a trade worth 100 points as price is likely to follow the range back up to the triple tested resistance at 125050.
Look to take profits on a buy trade at 12025 as price is subject to selling pressure at this level.