So, I see that Iota broke the support level that I THOUGHT was at about 240000 sat. Or maybe I drew it in the wrong place. Or maybe both or neither. I see Iota wants to be strong. I guess we'll just have to wait for the volume. It really didn't react much to the news yesterday where they said, "Hey, you all misunderstood! We aren't partnering with Microsoft. We're just a client." Iota will break soon. I don't think it will break down. It's very strong and I think we've just about exhausted the bears. I feel the longer we are forced to wait, the quicker the momentum will gather when it's run time. I just hope we're moving up. I'm long.
Currently in downward leg of very short term upward trend toward the resistance at around 270000.
Would someone please tell why I KNOW I'm completely wrong? I should place side bets that all my trades will end up stopping out. I set stops at 30%. I entered this position at $4.60. Can't wait to see how I lose this time.
This is not financial advice. I started trading with $2,000 and now have just over $500. If you take this as advice, expect similar results or worse.
Currently in downward leg of very short term upward trend toward the resistance at around 270000.
Would someone please tell why I KNOW I'm completely wrong? I should place side bets that all my trades will end up stopping out. I set stops at 30%. I entered this position at $4.60. Can't wait to see how I lose this time.
This is not financial advice. I started trading with $2,000 and now have just over $500. If you take this as advice, expect similar results or worse.