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AndresThomasShirakawa
Nov 28, 2017 7:16 AM

IOTA SLOWLY STARTS TO STRIKE STRONG Long

IOTA / DollarBitfinex

Description

After numerous charts where always alerted that IOTA was at critical levels, changed the trend after a double bottom and became bullish .
It should be noted that IOTA behaves in a very volatile manner, where there is an instantaneous profit taking and although it is now in a bullrun it is possible that there are important corrections before reaching its target prices.
Do not forget that IOTA is still in its beta phase and each announcement (fundamentals) can have a very strong effect on the price.

We will see if it continues with volume , interest and with an upward trend to show us all that IOTA is here to stay and to have it as a long-term investment.

Comment

RIGHT SCALE

Comment

ATTENTION: Be attentive and do not neglect if the current candle loses strength and forms a double top.

Trade closed: target reached

The two objective prices achieved.
Take profits and go for more.
Comments
moibelgal
Great work! What level would you recommend for a new entry?
AndresThomasShirakawa
Consolidation phase
yvofox
I'm currently waiting for an investment in this coin. It needs some retrwcement atm
Viktor1205
Thank you very much for your analysis! You helped me! What do you think about DATA coin? I guess it can pump, volume is high...
deedee
great work andres all your analysis are so perfect !! ;)
AndresThomasShirakawa
@deedee,
thank you very much for the comments bro
I hope you're making profit
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