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tekolo
Nov 6, 2017 3:30 AM

IOTA is in a disjunctive! Current price 0.35 USD 

IOTA / DollarBitfinex

Description

IOTA is touching, again, the 0.786 Fibonacci retracement support level corresponding to 0.352 USD.

From here only two possible options:
1) A bounce to Fibonacci level of 0.618, corresponding to 0.509 USD
2) A drop to level 1 of Fibonacci corresponding to a price of 0.143 USD

I'm holding IOTA, obviously I prefer the first option!

Trade active

Fortunately, IOTA has bounced off the support corresponding to Fibonacci level 0.786.

If the short-term trend continues, we can expect to see IOTA at 0.50 USD. This should be our first objective.

Trade active

IOTA is amazing. We are in from 0.35 USD, now It is close to 4.00 USD.
10x - 1000% profit!

Trade closed manually

Closed manually at 4.87 USD for 1383% profit!
Amazing trade!
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