pablo-hernandez

Let's be Realists.

Long
pablo-hernandez Updated   
BITFINEX:IOTUSD   IOTA
Will IOTA go up?
I believe so!

How much time?

Maybe in April/22 it can reach 1.20.

However, we have February/22 and March/22, where before rising again it may fall to the levels of 0.65 and 0.45.

Are you ready for a further 50% drop? The maximum pain? Place your bets, short or long term?

Also remembering that IOTA was 4 years at 0.20 without moving.

Nothing prevents it from being stuck in the same place after it reaches 0.45 for another 4 or 5 years.

Comment: If you want a strategic solution, buy at 0.65 and 0.45 and make an average price.
Comment:
In theory, the trend is still low.
The momentary high, which now stands at 0.84, refers to a pullback and is not yet a reversal.
I would wait for a break above 1.10 to consider a reversal from the downside to the upside. Breaking 1.10, buy. Dropped, buy more.
Comment:
Another analytical view of the charts also shows a lateralization, which has broken up. It is possible that the downtrend will also reverse from here. It might be a good buy at 0.84, but if it drops more, buy some more. Don't go all in yet.
Comment:
Just a small update.
Iota broke through the predicted support.
Iota can find new supports at 0.37 and 0.28.
But it will be up to strategy to place a stop loss.
I would see it as an opportunity for 5 or 10 years from now.
Think about this possibility.
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