botje11

Short on IOTA, bearish rising wedge

Short
botje11 Updated   
BITFINEX:IOTUSD   IOTA
IOTA was one of the golden childs a few months ago, lately it seems to be forgotten. Now it is making a rising wedge of wich it has already dropped out of. Stop around the previous high at 2.20
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Comment:
Also the same picture as EOS and a few others, i will drop the next few days towards the low again. Depending on how low Bitcoin will go, maybe even lower than the target. I will close the position around the green area, using a trailing stop now.


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