MarcusCunningham

IOTA about to break solid downtrend line

Long
MarcusCunningham Updated   
BITFINEX:IOTUSD   IOTA
We have a really solid downtrend line on IOTA, with 3 solid hits from the 30th of September. We also have a weaker uptrend but its showing momentum. The price point is heading towards this trendline and if it manages to break it, we could see a quick movement upwards with the price action.

Pay close attention to this because I believe it will be quick. It wont be a massive gain, but any gain is a gain. I will pull out half my bag at the 5% mark which is represented by the first pull back, and the other half out at 10% which is the second up arrow if everything goes to plan.

Thanks for your time.
Order cancelled:
Looks like it couldn't push past the down trend. This is most likely due to the push by BTC because all alts look they are heading down at the moment. Keep on eye on IOTA because after all the fork talk, most alts will return to normal uptrends and this could be one of them.
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