carloslorenz0

IOTA / BTC | Pending to break two Daily supports to GO LONG!!

Education
BITFINEX:IOTUSD   IOTA
Hello World,

IOTA is presenting a good scensario to GO LONG. Here you can find my reasons;

* It is touching (durinng 15 days) the 61,8% of the correction from the previous up trend.
* It has to strong support to cross to confirm LONG. It has to break thoose support to confirm LONG.
Support 1 --> 0.2994
Support 2 --> 0.3178

* The stop should be over 0.2478
* The possible targets could be:
Target 1 ---> Fibo Extenseion 0.3473
Target 2 ---> Fibo Extension 0.3969
Target 3 --> Correction to fibo 61.8% 0.44.20

I hope you can finde useful this information


#GoodTrading

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