Good day! I would like update my previous chart, 'cause IOP hit stop loss. If you are following my advice (booked profit at .00031 and SL at .00024) you should be in profit! Now good time to re-opening long position. Main reason is reversal falling werge pattern on weekly chart! Second is bullish divergance on daily chart which will give a chance to break ou downtrend line and activate werge pattern:
Buy in option: "B-" - 0.00017 to downtrend line. "B+" - about downtrend line. "A+" - about 0.00029634btc
Werge's target: 0.00085+btc
Stop Loss: 0.00014707btc
Have a nice day and good profit! Trade safety! Please comment, feedback. It very important for me.
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1D MACD closer:
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Daily candle closed good yesterday but price still decline. 1D chart:
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Next week will be importnt break out or break down. Sustain price under downline will be destuctive. 1W chart:
IOP will be listed on CoinBene on July 16th 2018,featuring IOP/USDT trading.
IOP available for Depositing: 2018/7/16 21:30 (GMT+8)
IOP available for Trading: 2018/7/17 11:00 (GMT+8) IOP available for Withdrawing: 2018/7/19 11:00 (GMT+8)
And IOP has announced thye will do a consensus change:
IOP will introduce a new consensus algorithm based on the idea of a directed acyclic graph, or DAG.
The DAG concept has been popularized by projects such as IOTA and HEDERA. It’s similar to blockchain, but instead of competing against each other to produce the next block on a single chain, nodes gossip with each other about network events to produce a web of messages, all linked through cryptographic hashes. With the release of the new consensus algorithm, IoP will have completed its basic infrastructure. We will then open up transaction confirmation and coin generation to the public, creating a true P2P economy.
gGYSRin
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@Memnon, There are amazing news! I still take a look on IOP but my position closed.
I waiting for some conformation from BTC. In fact, it is well known that whole market are moving with it.
I'll back later to the alts which was closed, so I'll add your fundamental research to the update!
Thanks you alot!
Memnon
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@gGYSRin, no problem at all. Should you want any more information about the projects developments, just let me know.
jgwould
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I agree with you here. Except I think you have typo on your A+ trade.
gGYSRin
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@jgwould, Why you think so? I still not find any mistake, could you help me?)
IOP recently released Mercury ( Mercury is a node-network to build truly decentralized dApps upon. Using Mercury for dApps will be as simple as using Google Play or the Apple App Store, but with unprecedented levels of user privacy.) :
youtube.com/watch?v=GdUggytSg3c&
- iop.global/mercury-for-users/
- iop.global/mercury-for-developers/
IOP will be listed on CoinBene on July 16th 2018,featuring IOP/USDT trading.
IOP available for Depositing: 2018/7/16 21:30 (GMT+8)
IOP available for Trading: 2018/7/17 11:00 (GMT+8) IOP available for Withdrawing: 2018/7/19 11:00 (GMT+8)
And IOP has announced thye will do a consensus change:
IOP will introduce a new consensus algorithm based on the idea of a directed acyclic graph, or DAG.
The DAG concept has been popularized by projects such as IOTA and HEDERA. It’s similar to blockchain, but instead of competing against each other to produce the next block on a single chain, nodes gossip with each other about network events to produce a web of messages, all linked through cryptographic hashes. With the release of the new consensus algorithm, IoP will have completed its basic infrastructure. We will then open up transaction confirmation and coin generation to the public, creating a true P2P economy.