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ForecastCity
May 31, 2020 1:35 PM

Don't miss the great buy opportunity in IOTUSD Long

IOTA / DollarBitfinex

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. IOTUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 0.2975
TP2= @ 0.3680
TP3= @ 0.5537

SL= Break below S2
Comments
Best_Forecast
I appreciate your high accuracy and good analysis as usual.

Thank you for all your amazing analysis.
ForecastCity
@Alexander_007, You're welcome.💎🙏💎
Shiva_forex
Nice thorough Analysis
ForecastCity
@Shiva_forex, Thanks 💙🙏💙
Forecast_Crypto
Perfect Support
ForecastCity
@Forecast_Crypto, 💙🙏💙
Pro_Trader_007
Nice work bro..saw the same setup,
ForecastCity
@Pro_Trader_007, Thanks we hope you find it helpful 💎🙏💎
fxniki
I've learned many new thing just by following your ideas. And I really appreciate your idea specially such a great buy opportunity in IOTUSD. 🥰🙏🥰🙏
ForecastCity
@fxniki, Thank you for following us and your support and nice comments. 💙🙏💙
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