However, if the 0.5 level is not reached and IOTA goes downwards it could go really fast. Once the 0.0002 resistance is broken ( therefore 1/4 is broken AND the fib 0.382 we could see massive plunge to 0.00014. So there is also a good moment for going short.
to sum up:
buy order (long): 0.000245
sell order (short) : 0.0002
Use capital management.
with help of @TeddytheBear @ HamadaMark