ethan_ng

IOTA breakout from Bearish Pennant

Short
ethan_ng Updated   
BITFINEX:IOTBTC   IOTA / Bitcoin
We saw IOTA retrace to fib .618, followed by a downward channel to .000171827 (2nd support) flag breakout. It is now forming a pennant and we can expect to see IOTA to meander at .00025 prices before either reversing or hit our next target.

Buy: .00023 to .000235
Short: .000282 - .000314 - .000376 - .00039
Stop: .0002
Trade closed: target reached:
1st and 2nd target reached. Enjoy
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