SatoshiHQ

IOTA forming a bullish triangle. Could be a good buy zone?

Long
BITFINEX:IOTBTC   IOTA / Bitcoin
Here's a little idea for IOTA vs BTC. Looks like it is trending up in a longer term channel and has formed a bullish triangle pattern which could break to the upside fairly soon. I'll buy anywhere near the bottom of the triangle or wait until breakout to confirm the move upwards. Always set sensible stops and use a good money management system for position size. Marked a couple of potential target zones in red.

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