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LiamHillier
Dec 26, 2017 3:59 PM

IOTA/BTC Multiple Entry Points.  Long

IOTA / BitcoinBitfinex

Description

Definitely wait for a clear breakout in this bearish trading period. If price does breakout of pennant, expect a rise to the resistance line in red. If it breaks this resistance line, we're aiming for a target of 0.000455.

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Comments
ErenGk
Thank you! Which way you think will breakout?
LiamHillier
@ErenGk, Time will tell, wait for either one.
ErenGk
@LiamHillier, do you need to update the idea? it seems 1th target reached. Do you have any idea now?
LiamHillier
@ErenGk, If price break below 0.00023, another support level, expect a retrace to the main support line. If you're wondering when to re-enter, you can start to draw another pennant.
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