IOTA Setting Up for a Nice Trade

17 juin 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 juin 2018

Note

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 juin 2018

Note

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 juin 2018

Note

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!