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IOTA Setting Up for a Nice Trade
IOTA / Bitcoin
Lång
IOTA Setting Up for a Nice Trade
By jgree107
Följ
Följ
Uppdaterad
17 juni 2018
1
Heja
Heja
17 juni 2018
Iota, as you can see, has dropped to the lower Fib levels and is primed for a breakout.
Wave anaylsis states a Long position at the moment.
The issue, of course, will be if BTC can at least trade sideways for a couple of days to let us get some quick day trades in.
Because of this, this is certainly a high-risk trade.
Targets:
1. 0.00020216
2. 0.00021391
3. 0.00023343
4. 0.00024483
17 juni 2018
Kommentera
IOTA dropped again last night, but I think that this presents another chance to get a solid trade in for the short term.
An average down strategy can work very well in this case.
18 juni 2018
Kommentera
Okay, so this is an absolute disaster of a trade so far, with IOTA basically falling out of the bottom because of the movements of Bitcoin.
I mentioned this when I first proposed this trade, but there is room for a breakout, as this is very oversold.
22 juni 2018
Kommentera
All crypto traders know that when Bitcoin drops, everything does. While we had a great technical setup here, its easy to move on.
Not all trades are killers, which makes it easy to move on the next one!
Bitcoin (Cryptocurrency)
BTC
crypto
high
IOTA
LONG
quick
risk
trade
Trend Analysis
Wave Analysis
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