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Iotabtc

LONG IOTABTCBeen long for about two days just watching the dominance melt away. Even though the pattern is bearish, along with many other alts, I went long specifically because the dominance chart looked so bad after yesterdays candle close below channel support. That and it is almosat the end of this weeks candle. We did see the candle rule play out this week which is, if the candle opens strong then it will end weak and vice versa. Now we just have to wait and see if its going to be an all out panic dump of the dominance chart the way we saw in late 2017. If thats the case then this might be the cycle that many hodlers have been waiting for. I do however expect the next cycle to be a little different due to the maturity stages this market has been, and will continue to go through. At any rate. Stay safe out there. Mr. Manbearpig
Long
by MrLucifer7
4
SHORT IOTALooks great to short at the top of a flag. Looks like Dom is wanting to turn around on this BTC bounce at the 7700 level. I though that it would at least get to the 7300 level before the reassessment was to be made. There is alot of strength behind the pop in the dominance however this givess me mixed emotions because when a weekly candle starts strong it must end weak and vice versa which means this might be a small bounce in the dominance before a continued decent sometime after Wednesday. God Speed, Mr. Manbearpig
Short
by MrLucifer7
IOTA LONG - Trading in perfect cup bottom and crossed log downHey, Something I've seen and also btc pair backs it up. I've seen btc/iota and eth/iota and compared similiar runs and there is a reason to believe a move up is ahead. Then I went to check the dollar chart and saw how we turned resistance logline into a support and confirmed higher high and and the same time we are trading in a perfect cup bottom while holding important key levels. What is good to understand that usually before we confirm the bottom is we get almost similar bottom levels before and after log-cross, and we can confirm we have had that. Don't forget what iota has coming up, Co-ordicide, qupic, oracles, partherships.. the fomo will be intense when the whales decide to move it up and right now not many are in. It's not just your boring altcoin but has actual development happening despite the crypto winter. Except a rally!! So now just sit back and wait, enjoy the formations doing all the work for you. Place your sells after 5-20x and enjoy a nice ride up. But don't forget, before you can sell you have the buy the f**p up! Just imagine the cup getes filled and a handle and breakout formed after.. !::SHOCKFACE::! Congratulations in front! This is not a financial advice it's just simply my observations....
BINANCE:IOTAUSDLong
by dingdangdong
$IOTA - Time to accumulate.We're either on the brink of an Alt Season with BTC.D capping out at the 200MA weekly, or we're about to start creating a trading range. (or just another bearish retest before dropping lower - trade what is, not what you want it to be.) Trading Range Entries/Exits: Lowest Red Range = TP1 Highest Red Range = TP2 Lowest Green Range = Accumulate in/above. Stop loss below current lowest low by 3%. Trade current trend: Acquire: 2280 - 2300 Targets: 2350 > 2388 > 2470 > 2510 > 2572 Stop loss: 2235
Long
by The_Paradoxed_Prophet
1