deanbyronbay

IOTA trade - exit signal?

Short
BITFINEX:IOTUSD   IOTA
4 hourly charts might be printing a head and shoulders reversal pattern.
Lower high right shoulder still forming. IOTA seems to move in sympaty with BTC and BTC is looking weak. I'm taking profits and waiting for re-entry closer to 50 cents.
See previous IOTA trade ideas 1 to 4.
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