Miota breakout from the downward trendline and since the has been in accumulation phase while holding bottom strongly.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
GREEN: SELL TARGETS
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IOTA is one of a solid projects and they work with VW group and IBM -1.31% . I had some clues and wrote down detail on the graph. After these clues SHORT is a good option for me I will wait and get into train after it decides its way to go. Since pulse of BTC 0.06% is near stop, it has not decided yet which way to go and the overall market is waiting for BTC 0.06% ...
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Long Entry Position please look at chart for entry numbers
Chart Patterns Identifed
Uptrend
Triple Bottom
Resistance
Suppot
Deamand Zome
My target has been reached so I will try my best on a long trade with a very tight stop loss... Better not to take this trade. Too risky! Waste of money ;-)
I hope that we will go up fron this level because the correction target has been hit exactly on point... I am on a long trade since 0.62. Don't forget the stop loss...
IOTA is in an ABCDE correction and RSI shows slight bullish divergence
Entry:
Under $0.715
Targets:
TP1 $0.8165
TP2 $0.8806
TP3 $0.9843 ** main target
You may want to front run these algo targets
Stop Loss:
$0.70
Risk:Reward
17.5
not financial advice
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