The waves are perfectly hitting the fibs. Never seen a trade setup more clearly.
코멘트
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Updating to say we are very much still on track. We are gaining multiple support levels on the RSI and are very near the 'bullish' zone (65+ on the RSI.) Have not needed to adjust any part of the chart yet.
코멘트
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Price action is currently consolidating between the .5 and .618 retracement levels. The RSI is also beginning to break down established supports. While this doesn't invalidate a breakout of the triangle, we are quickly losing our sell target area, if the price is to reach the .382 level as previously noted.
I bought a fair bit close to the top of (B), at 0.0106 - if you are correct, I could sell at ~0.0103 or a bit more, then pick it up again at ~0.0095.
Was watching as it went close to 0.0086 today - my stomach turned a bit.
spacemonkeey
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@NerdRapture, I hear you. This will literally be my first trade with IOTA. Been holding for months with intent on holding 3-5 years and have just been too scared to risk losing any.
One can never have enough Miota.
NerdRapture
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@spacemonkeey, Are you bullish about IOTA in the short term?
I'm hoping some good news will be released re IOTA soon.
I bought a fair bit close to the top of (B), at 0.0106 - if you are correct, I could sell at ~0.0103 or a bit more, then pick it up again at ~0.0095.
Was watching as it went close to 0.0086 today - my stomach turned a bit.