jayandrae

IOTA Trading Channel Idea

BITFINEX:IOTUSD   IOTA
IOTUSD Possible trading channel for IOTA on the weekly charts. Looks like a clear 5-wave impulse on the IOTUSD weekly if the trend channel is respected.
Retrace back to $5 to 150% profit, and $10 at 1.618. Potential $35 - $50 end of the year with the crypto bull run, hitting the 6.618 Fibonacci like the previous run from $0.3 - $5.8.
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