TiborVrbovsky

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

Long
TiborVrbovsky Zaktualizowano   
BITFINEX:IOTUSD   IOTA
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!

Komentarz:
IOTA fighting with the ressistance line.
Komentarz:
Iota still in the Channel, Good sign!

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