FerdiHodler

IOTA EASY EASY

FerdiHodler Updated   
BITFINEX:IOTUSD   IOTA
There are really similar patterns on how Iota is bought.

After rebounding from the major suppport it found support on the blue line (an old resistence). Actually is approaching an old strong support (the brown line) intersecating with an horizontal resistance and I think that from there it will find support again on the blue line.

If you look at the RSI, it looks very similar to november 2017. After retracement form a high, buyer catch iota around RSI 58%.

Depending on Bitcoin, FOMO, FUD, Fake and true news, market manipulation, whales, new exchanges etc... I see very probable that IOTA will go back to 4.3$. . Remember the lines don't lies. Follow the lines and you will know if you have to HODL or SODL. personally I TRODL.

BIO
Comment:

just to remember

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.