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IOTA/USD POINT & FIGURE / Fibo Price Target 1:10 Risk:Reward

BITFINEX:IOTUSD   IOTA / U.S. Dollar
Fibo Price Target 1:10 Risk:Reward

Updated for clearer picture.

O Support
X Resistance

Point & Figure a great charting technique to understand the sentiment.

Basic trendlines also apply.
Increasing O's indicate increasing buyer power and areas of supply.
(Think of it as tug-of-war between X s and O s.)

Target +7,5$ in first wave.

SL on chart.
If the volume support (I see a small amount for now), görelim : )
Reply
DavidFontes tebefoto
@tebefoto, yes I've been aware of that to... All the indicators are bullish but there is no volume whatsoever.
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