IOTA/USD POINT & FIGURE / Fibo Price Target 1:10 Risk:RewardFibo Price Target 1:10 Risk:Reward
Updated for clearer picture.
O Support
X Resistance
Point & Figure a great charting technique to understand the sentiment.
Basic trendlines also apply.
Increasing O's indicate increasing buyer power and areas of supply.
(Think of it as tug-of-war between X s and O s.)
Target +7,5$ in first wave.
SL on chart.
