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Grounded
Oct 16, 2017 9:01 AM

IOT/BTC is in a key situation of a double bottom on the daily Long

IOTA / BitcoinBitfinex

Description

Double bottom is usually where the trend can reverse. So look closely and if in the next few days, price didn't get below 0.000068 it is likely to reverse and break 0.0001 again which means a huge +30% from the actual price.

RSI is already oversold.

Also after a big pump on bitcoin, market of altcoins often goes in a kind of roulette of pump with a new altcoin every day. I think IOTA could be the ideal coin to invest right now for all this reasons.

With a stop loss @ 0.000067 and a long term vision.

Trade active

Already +10% since I published this chart. This is just the beginning.

Trade closed: stop reached

Comments
ArseneDevos
what now?
Grounded
@ArseneDevos, this trade is over, we hit the stop loss, i'll post another chart later when we see more clearly what's going to happen
frrohm
good idea. thanks
Grounded
@frrohm, thank you
carsonsw
Agree. I have the same sharing too :)
Grounded
@carsonsw, I saw your idea, better points were made ;)
carsonsw
@Grounded, Yes. it is. Hopefully we are right about it.
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