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ForecastCity_EU
May 31, 2020 1:39 PM

Don't miss the great buy opportunity in IOTUSD Long

IOTA / DollarBitfinex

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.2118). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. IOTUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 0.2975
TP2= @ 0.3680
TP3= @ 0.5537

SL= Break below S2
Comments
Best_Forecast
AWESOME ANALYSIS
Thank You for sharing!
ForecastCity_EU
Shiva_forex
Good analysis as usual
ForecastCity_EU
Forecast_Crypto
thanks guys.
ForecastCity_EU
bimanphysics1
0.239 is the resistance. Ready
ForecastCity_EU
sara-kian-fx
thank you very much for your analysis!
ForecastCity_EU
@sara-kian, 👍
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