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Victorvddonk
Mar 27, 2018 10:47 AM

Easy 8% iota short Short

IOTA / DollarBitfinex

Description

(15MIN)
As you can see iota is making a pretty clear bear flag following BTC. Not only is it making a bear flag on the IOTA USD chart but also on the IOTA BTC chart. This means if the IOTA BTC flag breaks we should see even a bigger drop in the IOTA USD chart. We'll have to wait to see if BTC breaks its ascending triangle downwards on the 15 min chart before we take any trades though.
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