The profits retracements feels like a interesting entry point.
In for the long term, with little partial profit taking in the meantime.
My opinion though, only invest what you can afford.
Is a very healthy pull back... As long does not break the .40 we are all good.
Iota went up to fast. Bitfinex is the only BIG exchange that has it, so is all about their users...
If happens the best prices to star buying back in my humble O is between are .40 to .55 (618 and 78 Fibs)
But the real deal is to wait till the price breaks the solid purple down...
Internet of Things will play a big role in the upcoming decade, the amount of mobile devices like smartphones/laptops/smart devices/sensors is increasing at rapid pace. Development countries are starting to connect to the internet as well and this huge network of devices is called the 'IoT'. IOTA, a powerful network to support upcoming new developments in this...
IOTA has some bad days in this bull run for ALTS. If it drop to 17-18K Level it can go back to +20K easily.
But if you keep dropping after than 17K. For example if u see it at 165K. It is bad signal.
You can still enter at 16K level but you should wait mid term to sell it on 20K.
More last minute signals: twitter.com
First chart here, please give any and all feedback/criticism!
IOTA is forming a right triangle descending wedge . Minus the wicks, this forms an even horizontal support line at .82USD. When hinged with a 90-degree angle, the descending wedge forms.
Rule of chart shows this as a continuation and would elude to a downward trend. Given IOTA's rapid growth, I am...
Everybody is waiting for the 1$ line! With more then 20.000.000 %volume trade in the last 24 hours (BITFINEX) IOTA will hopefully perform the long awaited lift-off to the moon!
