IOTA: Time to take an asymetrical bet on a Butterfly Long

IOTA / DollarBitfinex

Description

⋅ Mar 9, 2018 10:39 AM

Time to take a flyer... IOTA on a daily chart is setting up a Bullish Butterfly completing at 16 cents... yes 16 cents (current price is IOTUSD )

Im going to make a small bet (no stop) that if price gets down there it will bounce up nicely. If the XA leg plays out we are looking at 2000% return.

My order is in, im holding tight for the ride.

Comments

genem43nyc

⋅ Mar 17, 2018 2:01 PM

I'm challenged to figure out how to put in a limit price purchase when its denominated in BTC. I don't have a IOTA/USD on Binance. Is it time to open a different account, or put in an alert here and try and hit the swinging dart board moving from USD to BTC to IOTA?
love the idea. I've been an early fan of IOTA.

Prometheus777

⋅ Mar 9, 2018 1:06 PM

Not IOTA is a joke project, but this analysis. :D

PieterPips

⋅ Mar 9, 2018 11:20 PM

@Prometheus777, joke project, enlighten me as to why you think IOTA is a joke project?

Prometheus777

⋅ Mar 10, 2018 1:48 AM

@PieterPips, I didnt say that IOTA is a joke project, but OP.