IOTA/BTC long scalp Idea: Miota Fib zones to watch (21min chart)
Quick chart to plot a long scalp that might turn to runner.
IOTABTC has been following this fib sequence pretty closely.
There are a lot of fudnamental reasons for this coin to rise.
The 2.618-.764 band is of interest, a common retrace target.
Want to see a disctinct bounce at the 2.618 then retest of 2.764.
If conditions are right, the 4.236-.382 band will be first target.
Trailing stops are best in these situations, in case it runs.
IOTABTC has been following this fib sequence pretty closely.
There are a lot of fudnamental reasons for this coin to rise.
The 2.618-.764 band is of interest, a common retrace target.
Want to see a disctinct bounce at the 2.618 then retest of 2.764.
If conditions are right, the 4.236-.382 band will be first target.
Trailing stops are best in these situations, in case it runs.
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