TiborVrbovsky
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IOTA Ascending Triangle Idea, 50% profit, Quick Update!

BITFINEX:IOTUSD   IOTA / U.S. Dollar
Hey everyone!

This is just a Quick Update on the Iota chart. Its shame we dont have any news from Iota, but Iota has a really great team! I have faith in them.
The Ascending triangle is a bit stretched, Iota had fallen under the line, but thats fine because she just fall, havent brake down.
Ripple is the main thing why these Altcoins dont grow that much these days, but no worries they will grow, just a bit slower.

If the Iota doesnt break in these 2 areas upwards, it would just jump from ressistance to support looking for break, most likely upwards.

RSI looks fine, so the movement now should be upwards, but I dont have a crystal ball.

This is just an Idea, do not invest more money, that you can afford to lose.
Buy - now is a good entry level
Target 1 - 5 $
Target 2 - 7 $

Stop loss under 3$.
If you agree or dissagree comment bellow!
If it gets a little attention I will do another update!

Thanks!

評論: IOTA fighting with the ressistance line.
評論: Iota still in the Channel, Good sign!
Think you have a trade now. I usually look for 3 touches on either the resistance or support line or both to confirm the shape which Iota now has. Good spot.
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Hi @TiborVrbovsky
Still waiting for Iota to start going up !!
I was looking at the graphics and it looks good, what do you think?
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TiborVrbovsky martinfugarte
@martinfugarte, Yeah, me too. The graphs doesnt speak to much for now:)
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Hello Tibor, what are your thoughts about Iota?
Looks like is trying but is not jumping !!
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TiborVrbovsky martinfugarte
@martinfugarte, Yeah, Its trying to break but the Volume is always low, its because of lack of news.
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martinfugarte TiborVrbovsky
@TiborVrbovsky, thank you!!
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Thx for the quick update! :)
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TiborVrbovsky LisboaGrande
@LisboaGrande, You are Welcome!
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by when do you expect (if) it will break the support line ?
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TiborVrbovsky MariusOprea
@MariusOprea, It had already been broken, 2.9$ for Iota is a wonderful price!
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