Zebre_Trader

Iota about to breakout?

Long
Zebre_Trader Mis à jour   
BITFINEX:IOTBTC   IOTA / Bitcoin
Look at that beautiful chart and those beautiful fib levels ?

Definitely bullish on that one. The triangle pattern is very obvious, and IOTA has resisted very well to the market fluctuations, and has corrected nicely. It's in accumulation period, and the breakout is imminent.

I would skip selling at the first two Fibonacci targets, and sell around the third, because this looks very promising.

I know I am buying a little bit now, we can't go wrong on that one, unless some bad news is out.
Commentaire:
Buy : 0.0002100 - 0.00028500


Stop loss ( not needed ) : 0.000176

Sell targets :
- 0.000315 ( and buy back on consolidation )
- 0.0003500
- 0.003860
Commentaire:
IMPORTANT : There is some FUD concerning IOTA right now. I would stay away until it clears out.
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