IOTA/USD: I can sense you doubt me. One Chart One Trade

The beauty of Trend Lines. Shows how the past reflects the future.

Back in October I started drawing trend lines on big time frames, stopped in Late December. As of Today those trend lines still move the price direction of IOTA.

All of the BLUE Trend Lines were drawn between OCTOBER - LATE DECEMBER.

All of the PURPLE Lines have recently been drawn as of Today. Key lines that should be followed closely.

I wont be updating this much as it is on a 12 hour TF.

If you want to follow the movement of the market closely follow my BTC posts as BTC is the King Pin of chart print-outs and market direction.

The rest is simple, click the play button on the chart and buy on the breakout for a safe entry. The rest is your decision on taking profits :)

Comment:

1 Hour close view update.
Scenarios I see playing out, Keep your money safe in the meantime and find a buy opportunity away from resistance.

This area may be volatile as we may have FOMO if big twitter accounts start calling for a break-out etc. Regardless we won't see a true breakout until Bitcoin breaks out of it's downtrend as well.
So keep an eye on BTC whenever you see Iota attempting a breakout.

Comment:

Still inside the channel

Comment:

70%+ Profits.

I believe we may retrace to $1.28-1.40 if BTC fails to go over $8200 to target 8700. Scenario canceled if BTC moves up short term.