UnknownUnicorn1308099

I´m not buying it.

Short
BITFINEX:IOTUSD   IOTA
At least not now. I feel lucky that i went short 2 days ago on this one.
"IOTA holding back all their important news and will release it in december" .... supposedly... "moon" "i´ve red those statements in forums, chats...
Even during the live event they pointed out that "something" might or might not happen.. i think they just want to hype a little bit and spread the word. (which they can do as they want)

I could be wrong in every way and there will be news in the next couple weeks... but i think iota just started their new project in germany and it will take it´s time until they roll.

It´s just an idea. Good luck.

Trade active:
I think iotusd will go up to higher levels first before following the downtrend. slow decline.
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The macd and also the long legged doji are signs for volatility and a potential trendreversal. most big bull runs alre mostly over and money should come back to iota.
Comment:
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4hour Chart and doji still in place, on the 1hour chart there might be a retest of the trendline. It´s also an opportunity to getting in. Yet be carefull and set your stop/loss.
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First target reached!
OTUSD went up earlier then i thought. But i bought up earlier so everything is fine.
You could get some good short term profits. I´m still in.
Don´t forget your stop loss and good luck further.
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IOTUSD spiked @ our first target and went back to the trendline. On the 1h chart it bounced off and heading again towards the target. If it breaks it goes to the second target. Take care and set you stop/loss!
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We need a full candle above the resistance, so iotusd can move to the second target.
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Due to good news on twitter (coinrail exchange) IOTUSD got a little boost and went straight up. If this trend continues and more volume is coming in we might go higher. But a correction is also possible, i´m still in. Good luck further.
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iOTUSD had it s run. Coming back to lower levels. 0.90 or lower are posiible!
Trade closed: stop reached:
i went with the trend a little bit, have to come up with new ideas and predictions.
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