Hello World,
IOTA is presenting a good scensario to GO LONG. Here you can find my reasons;
* It is touching (durinng 15 days) the 61,8% of the correction from the previous up trend.
* It has to strong support to cross to confirm LONG. It has to break thoose support to confirm LONG.
Support 1 --> 0.2994
Support 2 --> 0.3178
* The stop should be over 0.2478
* The possible targets could be:
Target 1 ---> Fibo Extenseion 0.3473
Target 2 ---> Fibo Extension 0.3969
Target 3 --> Correction to fibo 61.8% 0.44.20
I hope you can finde useful this information
#GoodTrading
IOTA is presenting a good scensario to GO LONG. Here you can find my reasons;
* It is touching (durinng 15 days) the 61,8% of the correction from the previous up trend.
* It has to strong support to cross to confirm LONG. It has to break thoose support to confirm LONG.
Support 1 --> 0.2994
Support 2 --> 0.3178
* The stop should be over 0.2478
* The possible targets could be:
Target 1 ---> Fibo Extenseion 0.3473
Target 2 ---> Fibo Extension 0.3969
Target 3 --> Correction to fibo 61.8% 0.44.20
I hope you can finde useful this information
#GoodTrading