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IOTAIOTAIOTA
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IOTA

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IOTAUSD trade ideas

IOTAUSD TO FINISH WXY LONG CORRECTIONHi guys, here s my update on IOTAUSD pair. I am following this pair for 1.5 years, day trading in and out but for this play I have large amount of my capital ready to buy IOTA in 99 scaled laddered orders once and if we brake 0.20$. Most of wave 3s in this correction dropped down by 60% so its logical to assume if we see a brake of 0.2$ we will look for a support as a temporary relief rally somewhere around 0.15$. I would not be surprised to see an ending 5th wave diagonal to finish the Y pattern. Best of good luck. This is not financial advice just my view what could happen.
BITFINEX:IOTUSDLong
by BaileyAB
3
IOTA falling below weekly support against USD After breaking the strong down trending resistance line, which started in late 2017, i expected IOTA to start climbing higher again. That wasn't the case and an ascending triangle was formed. On the weekly it looks like it is breaking out. It could go up again into the triangle and no dump occurs, but if it stays / closes below the resistance line, a fall to the first levels i marked seems likely. Getting all the way down to 0.105 cents is a bit unrealistic, but theoretically the textbook target of an ascending triangle. Lets see if the price can get above the resistance again, if not, a fall is very likely.
BINANCE:IOTAUSDShort
by niewall_trading