Hi, @EXCAVO !!! Thanks for your work. Why did you draw the triangle like that instead of like this?
Sammy_Fx
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@jjreflexive, thanks this shows the analysis mentioned above in more light, hopefully we break out of the triangle
dannaescu
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Looks like a false breakout once again, to be fair...
mezase
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@dannaescu, yeah I think so too, but still the way it's going just means it will moon eventually
dannaescu
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@mezase, wellp, true. I agree with you. My problem is I am doing margin trading, which means 2 things:
1. Can't hold the position infinitely
2. I have some tighter stop losses, otherwise position gets autokilled.
I just hope I will not lose once again on this coin. 75% of trading balance is gone because of the past false breakouts...
mezase
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@dannaescu, ugh, yeah it's one crazy coin I really think it's one to hold and accumulate
dannaescu
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@mezase, dunno. Right now, I have extremely mixed feelings toward this coin, not sure if I want to get involved into it anymore. :)) Not really into it as we speak. Once more, it seems like it will cost me money.
mezase
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@dannaescu, it's the black sheep, don't know if you've done any research on it but chances are it will go BIG. Not sure if any other coins have gone so far as this one, remember they even started a foundation in germany which means serious business.
dannaescu
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@mezase, I am officially not going to trade IOTA ever again :) Maybe hold, whatever. But trading - nope.
cosminrusu91
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@dannaescu, Margin trading this one with tight stop losses....you got some balls:)). But yea, IOTA is for holding and if they don't find any other fuck-up in their software they are gonna give any of the top 5 a run for their money. Long term hold is the only way to go imo