Trader6127

IOTA Megaphone Breakout | Good for 180%?

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Trader6127 Uppdaterad   
BITFINEX:IOTUSD   IOTA
IOTA is very bullish and is forming a continuation pattern against BTC. Watch for a dip down from the MAX TP to the classical fibo support (I think it won't get that far, maybe the 0.5 fibo) and then look for further upside to MAX TP2 at $4.86.

This is the opposite pattern we are seeing with Dash and Monero.

Take some time to familiarize with my trading approach:
forextradingstrategi...ex-trading-strategy/

As always, I'll update this idea with both long and short trades.

Cheers and GLWT!
-Erik
Kommentera:
OK! This has been an insane monster trade so far....We hit and went above MAX TP in the USD chart. I'm watching for a pullback on the small TFs.
Kommentera:
Top?
Kommentera:
Hahaha still going! Here's the next sell target
Trade stängt: målet nått:
Enough of that! If we go over the 0.11 fibo in the right chart I'll update the thread with new targets to the upside. Cheers!
Kommentera:
Blew past MAX TP 2! Cheers XD
Kommentera:
Been day trading today... nice countercyclical trades on the small TF with IOTA. Now am looking for somekind of support that might indicate further upward movement.

Another interesting one has been Santi with very wide price action XD:

Then we have EOS, which is breakout out of the downtrend (very interesting).
Kommentera:
ITS STILL BULLISH. Watch the pull back and then try to get long,
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The altcoin markets are still trying to find ground. Thread closed....
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