Trade Recommendation: IOTA

Original Post –
All Credits to Dmitriy Lavrov

If the price bounces from the support zone formed by SMA100 and 3.00 level, we should expect for continuation of the uptrend. When the price breaks the downtrend line, we’ll get a buy signal and an additional confirmation of further upward movement. Pending orders for buy can be placed above the local swing high at 4.10 level with stop at 3.30 level. Profit targets are 5.00 and 8.00 levels. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.

Buy: 4.10
Stop: 3.30
Profit Targets: 5.00 and 8.00

The trading signal is based on Bitfinex chart.
Disclaimer: The analyst does not have investments in IOTA.

One Reply to “Trade Recommendation: IOTA”

  1. Normally I don’t read article on blogs, but I wish to say that this write-up very forced me to try and do so! Your writing style has been surprised me. Thanks, quite nice post.

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