IOTABTC Swing
Updated
My first idea here, be civil.
IOTA has been selling off for almost 3 months, and looks ready for a reversal.
Bounce off 11,500 sats looks good. Horizontal candle body high shows positive support at 12,000 - 11,200 sats.
50% Fibonacci retrace shows 20,000 sats as the measured move.
Both Stoch RSI and MACD looks ready for positive momentum.
STOP LOSS: 11,200 - 11,000 sats.
Set up alerts on price action, don't get stopped out by a squeeze, move stop loss as needed.
More to come, thanks for reading.
IOTA has been selling off for almost 3 months, and looks ready for a reversal.
Bounce off 11,500 sats looks good. Horizontal candle body high shows positive support at 12,000 - 11,200 sats.
50% Fibonacci retrace shows 20,000 sats as the measured move.
Both Stoch RSI and MACD looks ready for positive momentum.
STOP LOSS: 11,200 - 11,000 sats.
Set up alerts on price action, don't get stopped out by a squeeze, move stop loss as needed.
More to come, thanks for reading.
Note
Still looking very positive here, as well as a few other Alts, stay tuned.
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