Wave-Trader
Long

IOTUSD Get ready for REVERSAL

BITFINEX:IOTUSD   IOTA / U.S. Dollar
IOTUSD is falling but falling slowly, Which is giving us a signal that REVERSAL for upside is about to come very soon.


How You can trade on this chart.

This is a longer term chart. Any trade you will take on this chart will be for longer term.

1. Watch previous low and look for buy

OR

2. Let the 1st IMPULSE appear and look for correction and then look for buy.

Hope you got the idea how to trade on this chart.

Good Luck

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Looking over your TA history, I nearly see this exact same chart, for many crytocurrencies. I mean, you've been pushing this exact same trend line prediction for the past 4 months solid, you just keep marching it forward to reflect the current numbers the bears have spit out during their downtrend feeding. I'm not trying to be critical or rude, I'm just wondering could you do some TA on a smaller time frame with perhaps a bit more in depth analysis. Thanks!
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Just saw your call, It's pretty much the same line of thinking I have posted. We are thinking very alike in the long run, however because of the increased volume for the recent days, and the big buy in power every 50c touch, I don't believe we will go much under 50c like you posted. But yeah, for the big picture I agree!



Thanks for the sharing! You got a new follower!
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Still limited by the 1W Channel Down. 0.32 is a fair target this month:

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thanks for updating crypto charts. Great job!
Reply
well it all depends from the BIT actually, if BIT dont go down, but goes up, alts will follow, that goes for all of your charts ddash, monero iota, u can post 10 more, but its the same thing, so if BTC makes that move from here, from devils to 7.4K, the bottom at alts already was made, actually, bcs the alts did make the 90% drop i think the bottom was already in place, and bcs of that fact, i think the bit should breakout from here, and not like in 2014, where we had one more leg down, bcs bit was then so small, to be considered as an alt, but now its consider as a major currency comparable with some turkey or poland currency (by market cap) i mean.
+1 Reply
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