majorlee

IOTA [MIOTA] log chart for further gains [BTFD]

Long
majorlee Updated   
BITFINEX:IOTUSD   IOTA
Using a quick log scale on IOTA price we can see a H&S formed and price came down and now has seemed to have bounced from the $0.8 area with a double bottom formation indicating a reversal

The price action supports a bullish rally at this point...

IOTA/USD is close to a support line and presents good buying opportunities once higher highs and higher lows are established.

lookin for entry when it bounces off the trend line again or aggressively around $1 area

TP targets use the fib levels to sell accordingly, use a good SL 10-15% under ATH is $5.25

good future with IOTA and everything thats coming with it, enjoy ya Tangle coins!


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Comment:
STAY CALM and KEEP BTFD


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