Hello Traders,
Price wise and we are still trading within an IOTA bullish break out pattern after last week’s humongous candlestick. In this case it will be prudent to take IOTA stochastics long opportunities in lower time frames with stops at around $1.5. Our IOTA bull targets remain constant at $3. If not, you can wait for a bullish break out above $1.75 before...
Hi guys,
There is an across the board alt coin appreciation and among the many coins which benefited, one is IOT. Yesterday, it broke above resistance trend line and closed above resistance at $0.50. With a stochastics buy signal and above average volumes, IOT bulls should find this formation as a perfect opportunity to go long and aim $0.65-$0.70. We wait to see...
Classic break above resistance trend line in this pair. Next feasible target for bulls remains at minor resistance levels of $0.63 and $0.79. Stop loss should remain below 50 period MA at 0.51.
Happy trading folks.
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