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sumastardon
Dec 7, 2017 7:23 PM

IOTA: IOTUSD Continue to Use Dynamic Stops here Long

IOTA / DollarBitfinex

Description

IOTA Update Dynamic Stops
Another rally attempt cut in the bud. We went long here on
break above 3311. Because we're using dynamic stops under
the little trend line that supported the rally we exited the
long at 3720 for a 12% win on a bad day again. Once again the
majority of the gain was trapped in and left you free to buy
again at the original price, bang on 33117 again...lucky,
perfect you. Now sling a support line under this run and use it
as a dynamic stop for this new long. Now you're cooking.
Comments
kultigin18
good job gratz
DVemer
Thanks sumastardon... your expertise is always appreciated and especially on jumpy rides like this one seems to be! Are the resistance levels still the same? There seems to be resistance where a breakthrough is required around 3.9 ...
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