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c4ndym4n
Dec 11, 2017 2:26 PM

IOTA Possible Breakout or Not Long

IOTA / DollarBitfinex

Description

IOTA is possible in a Triangle. It has found massive support on the 3.50$, 3.80$ and 4$ levels. It seems it is consolidating for the moment being. It has reached the 5.15 - 5.35$ level and will get back there soon. If This happens a good chance that it will pump further to the 6$ level. With FOMO taking over it will even rise further. At the moment it is fighting it's way a little bit up. Advised to enter in the 4$ - 4.15$ levels and go LONG from here on out.
Comments
wajisan
nice call
webmonkey
It really could go either way at this point I think. The RSI is at about 50 and leveling....on the daily, it's still pretty high, but could still go higher. HODL and see I guess.
nmads
Very good analysis. Thank you!
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