Short on IOTA, bearish rising wedge
IOTA was one of the golden childs a few months ago, lately it seems to be forgotten. Now it is making a rising wedge of wich it has already dropped out of. Stop around the previous high at 2.20
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Also the same picture as EOS and a few others, i will drop the next few days towards the low again. Depending on how low Bitcoin will go, maybe even lower than the target. I will close the position around the green area, using a trailing stop now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.