icexch

IOTA. Between $ 2.2 and $ 1.1

BITFINEX:IOTUSD   IOTA
IOTA’s rate hasn't gone down since our last review. And even drew a signal for purchase from the MA cross. However, after that, it mmediately fell again below the slow moving average.
It seems that a flat begins, facilitating the deposits of trend-tracking traders.
In this case, the trading strategy can be the following:
- sell immediately after receiving a technical signal for purchase
- buy immediately after receiving a technical signal for sale
Using the levels of support and resistance. For IOTA it is at $ 1.1 and $ 2.2, respectively.
Also, there is an excellent deposit-saving strategy in the absence of strong trends:
Stay away from the market, watch without trading, waiting for a stable trend to join it and earn on a big rate move.

Profitable trades and follow the development of our cryptocurrency project at icex.ch!
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