Iota is a very reactive coin. Lazy periods and sudden volatility.
There are particular formation in the ETH and BTC pair that suggest me a buy.
Against Ethereum we are reaching an extremely reactive support. The minumum increase against ethereum was 35% in september 2017.
Against BTC we are entering the level that supported the incredible run of end 2017. During the correction Iota had two simmetrical impulse (Yellow circles). Between the two impulse there were around 120 days. Now we are around 120 after the beginn of the second impulse.
If you believe in simmetry and support is now a good time to buy IOTA.
BIO
There are particular formation in the ETH and BTC pair that suggest me a buy.
Against Ethereum we are reaching an extremely reactive support. The minumum increase against ethereum was 35% in september 2017.
Against BTC we are entering the level that supported the incredible run of end 2017. During the correction Iota had two simmetrical impulse (Yellow circles). Between the two impulse there were around 120 days. Now we are around 120 after the beginn of the second impulse.
If you believe in simmetry and support is now a good time to buy IOTA.
BIO