FerTrade

IOPBTC New Entry 145% potential

FerTrade Updated   
BITTREX:IOPBTC   None
If we look at the trend-line on the daily chart we are about to go up again.
The chart is showing early signs of support around the 0.00043000.
The chart has not yet confirmed the reversal. For that we have to wait a few more days to confirm.

Buy in between 0.00040000 - 0.00046000.
Stop loss 0.00030000.

I will keep this post updated!
Comment:
If you wan't to get big profits then you should get in during this BTC drop.
Comment:

Looks like the end of this drop is nearby. See the double dip on the 4h RSI. Also MACD indicates that this can't go on much longer.
Comment:
Looks like the worst is over. Lets look if we can get the reversal on the daily chart that's already showing on the 4 h chart
Comment:
IOP is doing well. First we have to get within the uptrend channel to confirm the new uptrend.
Comment:
We look good at the moment. If BTC is not going to make some drastic moves than we can continue to go up. We should stay at least above the 0.00033 or around that level to confirm the new uptrend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.