Flinsword

Updated Idea for IOT/USD

Long
Flinsword Updated   
BITFINEX:IOTBTC   IOTA / Bitcoin
I included more all the daily data sets to create an entry opportunity on IOT/BTC. If BTC/USD gets rejected at the 19500 BTC/USD level I will enter IOT/BTC at the following levels. If you have any feedback feel free to contribute!
Trade active:
I hedged my BTC for IOT at 17800 satoshis, saw good volume, first positive candle open in the 6 hour window, and high buy order volume made this a good entry for a portion of my BTC.
Trade active:
I increased my position into IOT after BTC 20k price level rejection. Support for IOT came strong at 19600 satoshis. If 19600 holds and passes 23000 satoshi level, I will hold to the moon.
Comment:
increased my size at 22000 satoshi level, very bullish sentiment.
Trade active:
My average purchased price for Iota was at 18727 satoshis, now we're up to 23700 satoshis with bullish news coming out about Bosch group(www.bosch-presse.de/...chnology-137411.html) and the new wallet released(github.com/iotaledger/wallet/releases) makes me feel more bullish about this pair.
Comment:
which means I will hodl paying attention to volume at 30k satoshi level
Comment:
I set take profit at 32000 satoshi level totaling 70% return.
Trade closed: target reached:
sold at 2829 for a return of 50%

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