IOTA
Long

IOTA possible reversal.

Updated
Iota is getting ready to take off. The RSI gives a clue of bullish divergence. The MACD histogram is going up: it deaccelerates from the downside. Watch for reversal signs at the bottom of the triangle or if that support breaks watch for possible reversal at the 23.60% fib retracement.

The day chart already looks promising... look at the stochRSI of the day chart. enough fuel to go to the moon I would say.

Choose your own stop loss and fib targets.
I am looking for the 7$ range, a little bit of a longer term plan but worth it...
trade well, Michael out.
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