IOTA
Short
Updated

Shorting IOTA till 2.10 usd

6500
Chart speaks for itself.
Note
I understand if people don't like my shorting idea, but you don't have to trade like it.

I just wanna say, all the huge pumps up have follow with huge retracement down. The past of other cryptocurrancies showed it.

Look at the examples:
- Ripple from 0.40 to 0.13 usd.
- NEO from 57 to 13 usd.
- ETH from 420 to 140 usd.

And there way more examples. I just wanna be realistic and give u guys a good view. It's not that I don't beleve in IOTA. IOTA is one of my few core holdings.
Note
Markets don't move straight up or down. So yes I still believe we gonna hit target of 2.10usd.
Note
snapshot
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We're still on track moving in the channel I show u in the chart below.
snapshot
Note
snapshot
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I still think it will drop. When it broke out the channel, I automatically did bought a long position at 4.20 usd when it broke out. But I closed it for at 4.50 usd and opened a short. I'm looking for a new short opportunity, because I still think we're in the B leg and still get the C leg down.

snapshot

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