MarcelV

IO Coin, Joel, Richard, Long DIONS

Long
MarcelV Updated   
BITTREX:IOCBTC   I/OCoin / Bitcoin
Hi All!

Today we are adding to our Longs on I/O Coin.

Entry: 95k satoshis
Target: 150k satoshis

The Goblin Town accumulation zone ~ 55k range before the breakout paid well. Now we are in 2nd accu zone at 2/1 Gann line, 95k satoshis.

FA:
  • I/O Coin presentation at Fintech awards Sept 27th in Brussels.
  • Revolutionary Decentralised Output Input Name Server (DIONS) countdown rumored to start very soon, as soon as Fintech Awards.

Depending how DIONS goes, we might reach 600% gains at 300k satoshis. For now, we are targeting "mere" 300% gains at 150k satoshis.

Happy trading! ;)

PM to become Goblin
Comment:
We have seen a nice 25% rally since this trade idea was opened and wouldn't be that far from reaching our targets. Unfortunately, Joel has been a victim to hurricane IRMA and started spreading bearish sentiment on Slack just 1-2 days before the conference. They did commence dions countdown, but it will take 33 days. Which is outrageous for short-term traders. Thus the sell-off. Now between 70-85k is a buy zone with targets as high as 200k+ when the dions start.
Trade active:
Another bloodbath day on altcoins i.imgur.com/Qkl2Iqy.jpg

IOC otoh is 15% up. Patience will be a winner in this trade. It's good to reduce position when things don't go as expected and then increase it again when the rain is over.

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