bitdoctor

IOTA - Bullish Divergence? More upside?

Long
BINANCE:IOTABTC   IOTA / Bitcoin
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.

Putting this here mostly for tracking purposes. There's some bullish divergence forming but most indicators are still saying it's bearish. I'm buying some IOTA here at the current prices (4380) and stopping at the LOD which is about 4275. If this rebounds, it's good for about 40% ROE.

If it reclaims the 21EMA on this 4H chart which happens to be around 4630, then I will consider this a good and active trade and might further increase my position.

Alt season is among us. Buy when everyone is afraid. Everyone is afraid of alts. Be careful buying a falling knife and have that strict stop loss.

Trade safely friends!
<3 -CE-

CE - BitDoctor
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