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Nocturnoz
Dec 17, 2017 2:03 PM

IOTA:USD Decision-Point Short

IOTA / DollarBitfinex

Description

The White Line (LSMA) neared the oversold range and already turned to the upside. If the Buy-Volume picks up, the green Line will follow with a green buy-signal. In that case the .786 fib will be hit and might even be broken. But breaking the triangle is unlikely at the momentary situation because the indicator already has turned down on the Dayli TF and also a red sell-signal flashed up.

Target: 2.2 / 2.1 USD

Feel free to comment :)
Comments
scorpion9979
You seem to be the only one implying this. From what I can see: price pattern, RSI, and volume seem good enough for a buy signal. Can anyone else support this?
capaj
spot on so far!
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