One of the best coin with great fundamentals, but it was hyped by the wrong news. So a lot of consolidation. Now, there is a momentum. I have posted this in the old thread.
But to make simple, starting this new thread.
IOTA price was hovering around $3.$3.5, we had suggested that to buy around $3 and it is on the breakout now.
Join in and enjoy the momentum
Previous Analysis:
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Did we break the triangle on the upside? Yes. Keep patience, it has to break the previous recent high for rally.
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Well, our Kind has spoiled the game. Let's wait for the momentum again.
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Well, our King (BTC) has spoiled the game. :)
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As expected it took the resistance and settled down within the triangle support. Next is to break the support and head to the moon.
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Buy in zone : 25000-27000
Target : 67000
Timeline : 7 days - 10 days.
Stop loss : 22000
Risk and Reward is 1: 8
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Well, things are not moving as expected, some more fuel required. I am holding this coin.
I will update you if any change in my portfolio.
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This guys is testing my patience for long time. Range is between $3 to $4 now. It has to break this range for next move.
@velcort, you are not alone mate. I am holding it from 3.3 levels. The consolidation on this price is long than expected. I am holding my 10% of portfolio on this. Soon it will be called a sleeping giant like XRP, you would get 20x. But don't ask when :)