So, what's next? We can wait for a possible price bounce in the new IOTA before going up. This bounce should be accompained by a inflextion point, which I think it would be a great entry point. Once this has ocurred, we can expect IOTA price to continue its run to higher prices, as $7 or $9 dollars by the end of the year. You have to know this targets ($7 - $9) are based on the proyections, since this pattern suggest that once the breakout occur, we can wait for another price increment of the same height of the pole of the flag.
Before you take any investment decision, I recommend you to wait a inflextion point. I'll be updating this post when something important happens.
- Waiting for inflextion point before setting BUY STOP -
TakeProfit 1: 6.95
TakeProfit 2: 8.95
Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)
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Any updates on your IOTA ??