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maheswar81
Jan 2, 2018 1:33 AM

IOTA trades goes here, trade for 160% Long

IOTA / BitcoinBinance

Description

BITFINEX:IOTUSD

One of the best coin with great fundamentals, but it was hyped by the wrong news. So a lot of consolidation. Now, there is a momentum. I have posted this in the old thread.

But to make simple, starting this new thread.

IOTA price was hovering around $3.$3.5, we had suggested that to buy around $3 and it is on the breakout now.

Join in and enjoy the momentum

Previous Analysis:






Comment

Did we break the triangle on the upside? Yes. Keep patience, it has to break the previous recent high for rally.

Comment

Well, our Kind has spoiled the game. Let's wait for the momentum again.

Comment

Well, our King (BTC) has spoiled the game. :)

Comment

As expected it took the resistance and settled down within the triangle support. Next is to break the support and head to the moon.

Comment

Buy in zone : 25000-27000

Target : 67000

Timeline : 7 days - 10 days.

Stop loss : 22000

Risk and Reward is 1: 8

Comment

Well, things are not moving as expected, some more fuel required. I am holding this coin.

I will update you if any change in my portfolio.

Comment

This guys is testing my patience for long time. Range is between $3 to $4 now. It has to break this range for next move.
Comments
alharbi.maher
bought it when it was 3.78 so hold for how long you think?
maheswar81
@Alharbi.maher, Hold mate, you have sustained all the hassles , it is time bounce back.
gandharv1994
Ahhhm it is high time we start moving up up and above :D
maheswar81
@gandharv1994, oh yeah, Build a BTC wall, it will start moving to moon :)
gandharv1994
@maheswar81 Big fan of yours and your analysis ! can you please update a status on this one ? with buy-in zones and targets ?
maheswar81
@gandharv1994, Thanks for the appreciation.
velcort
i love IOTA but im growing anxious! cant wait for it to pump to the moon!
Doktav
@velcort, you will have to wait until 2020
maheswar81
@Doktav, lol.
maheswar81
@velcort, you are not alone mate. I am holding it from 3.3 levels. The consolidation on this price is long than expected. I am holding my 10% of portfolio on this. Soon it will be called a sleeping giant like XRP, you would get 20x. But don't ask when :)
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