Wedge with support, Bullish IOTAUSD Pattern Long

IOTA / DollarBitfinex

Description

⋅ Aug 22, 2017 4:08 PM

IOTAUSD has strong support at the 0.80 level. Pattern suggests price rise by length of wedge up to 1.25, take profit at 1.25.

Comment

⋅ Aug 25, 2017 5:00 AM

price consolidation continuing, potential for a head and shoulders selloff gone, upward move incoming

Comments

medicusnocte

⋅ Aug 23, 2017 7:59 PM

Hi fitzpa59. I am still learning. If you have time, please explain why your interpretation is better than this person linked below. I hope your are correct. I just purchased more. Thank you.

fitzpa59

⋅ Aug 25, 2017 4:59 AM

@medicusnocte, continued price consolidation indicates that the head and shoulders trend is not taking affect

medicusnocte

⋅ Aug 25, 2017 6:35 AM

@fitzpa59, ok good news. :)