IOTA
Long
Updated

There is a long run for IOTA

415
Having a strong engulf pattern in conjunction of trend line and lower band of bollinger can be strong signal for going long on this coin.
Stop loss for this entry strategy could be 3.2155.
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It is possible that the price breaks the support and meets new lows.
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Well, It seems in 4H time frame IOTA started it's trend and MACD in over sold had a cross but in daily time frame MACD still falling so in this situation I prefer to go long after resistance breaks out. So for now I'm still waiting.
Don't forget "buy high, Sell higher"

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