IOTA looking set to reclaim losses from mid-late May. Like most altcoins recently it been tough but it looks like the tide is going to turn soon. Keep in mind a tight stop loss and news that makes Bitcoin Pump. Ideally, we are waiting for Bitcoin Dominance to return to lower levels which would indicate a safer entry into altcoins.
IOTA/BTC weekly looks set to make a massive pump. Target: 0.00012800 Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates major resistance. Yellow line indicates t/p. This is a log chart.
BITFINEX:IOTUSD Iota has been on a longterm downtrend just as the rest of the altcoins and suffered severe losses in Value. It managed to bounce a little after the current drop, to $0.57. The maximum bounce on this current run we see about $0.64 where it will be hitting the 0.5 fib retracement. That would be a good area to sell/short iota. Targets are the two...