Long

IOTA: Rocket Launch Detected

Updated

The high-flying rocket IOTA, which broke the cryptomarket's charts in recent weeks with a whopping 260% monthly gain, is taking off again. This time we are setting up a short-term long setup, based on Triangle pattern, with 20-25% growth potential. It could make more - that's the nearest target.

Risks
If price drops below 4.10, the idea is no longer viable (stop-loss).

Note

Price did drop below 4.10 but it didn't change the technical outlook. Here are updated price levels. Be sure to set alerts at 4.80 (buy entry) and 3.77 (sell).

Note

Updated IOTA levels. Breakout soon

Note

5.05 for BUY, 3.58 for SELL (short)

Nickonomics

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