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sophiavyn
Dec 7, 2017 5:59 AM

IOTA Possible Buy Opportunity 

IOTA / DollarBitfinex

Description

Fundamentals of IOTA remain strong.

Great team creates currency with real utility - which most Cryptos are struggling to establish (use cases);

IOTA created to be the backbone of the US$485 Billion Internet of Things Industry. Projected to be worth Trillions in the coming years.

Backed by the largest software company in the world (Microsoft) and a growing list of partners including Samsung, Fujistu and IBM (I think), VW? Bosch? and others.

Things looking real great for IOTA in the mid and long-term.

For this trade:

Possible buy range: 3.5 - 2.8.

Target 7 - 8.

All the best!
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As always, thoughts my own. Trading is very risky. No warranties express or implied. Do own research properly before making decision.

Trade active

Trade closed manually

Closed this trade a while back.

Still fundamentally believe in IOTA, just suffered bad press that it will need to weather out before moving on up.

IOTA team will need to be clearer with there press statements and partnership announcements going forward.
Comments
sophiavyn
Please scroll right to see fib levels.

Highly appreciate your feedback.
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