ForecastCity

Don't miss the great buy opportunity in IOTABTC

Long
BINANCE:IOTABTC   IOTA / Bitcoin
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000021). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. IOTABTC is in a range bound and the beginning of uptrend is expected.
. While the RSI resistance #1 at 53 is not broken, the probability of price increase would be too low.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 37.

Take Profits:
TP1= @ 0.0000262
TP2= @ 0.0000310
TP3= @ 0.0000400

SL= Break below S2
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Comments

Your analysis is very accurate.
+2 Reply
ForecastCity Alexander_007
@Alexander_007, Thanks for the feedback
+1 Reply
I agree with your idea about the long opportunity in IOTABTC.
+1 Reply
@fxniki, Thanks for following and supporting us. Do you have any published idea about IOTABTC?
Reply
fxniki ForecastCity
@ForecastCity, No the one i can publish here ;)
Reply
Thanks a lot!
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Got it.
Reply
I agree, the rising volume is supporting this.
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for sharing your point of view.
Reply
Thanks a lot!
+1 Reply
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