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.
@investa, Nice lines - 2 possible extreme targets 50 or 150?
JoaoPinho
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Do you think it will go down to 0,50$?
deanbyronbay
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@JoaoPinho, It's possible. The crypto space is so volatile. It's not uncommon for bull market prices to retreat 50% before resuming the uptrend - this is text book price action across many markets. It would seem a relative bargain on such a pullback. I guess markets do 3 things go up, down or sideways. This market seems to be on the up but sharp retreats/panic crashes are to be expected and contingency plans made. Ask yourself if x happens what will I do? Get caught up in the panic or keep a cool head. But always have a stop loss.
all possible ways and limits applicable to them