Today we’re looking at IOTA/USD pair. This has been on my radar for quite some time as we have seen some explosive growth in the past month.
This chart presents a classic with coming down to 61.8% fib from swing high of 5.529 and swing low of 3.32. I expect this pair to rocket to targets:
- Target 1 @ 6.995 USD
- Target 2 @ 9.332 USD
I won’t say I will chop my manhood off line Mcaffe regarding his confidence on bitcoins however I’ll be somewhat most confident and say that I will shave both my eye brows if this pair doesn’t reach Target 1 6.995 USD by January 15th 2018.
As always, trade with a plan and safe trading.
If you enjoyed this chart/analysis, please send me a PM and I’ll be glad to help you further.