seildev

IOTA/USD Orgasmic explosion to the moon

BITFINEX:IOTUSD   아이오타
Hi Seildev here

Today we’re looking at IOTA/USD pair. This has been on my radar for quite some time as we have seen some explosive growth in the past month.

This chart presents a classic cup and handle with bullish flag coming down to 61.8% fib from swing high of 5.529 and swing low of 3.32. I expect this pair to rocket to targets:

- Target 1 @ 6.995 USD
- Target 2 @ 9.332 USD

I won’t say I will chop my manhood off line Mcaffe regarding his confidence on bitcoins however I’ll be somewhat most confident and say that I will shave both my eye brows if this pair doesn’t reach Target 1 6.995 USD by January 15th 2018.

As always, trade with a plan and safe trading.

If you enjoyed this chart/analysis, please send me a PM and I’ll be glad to help you further.
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