IOTA 3 Month Swing Trade on Binance
IOTA has no upcoming events that can spark the price, rather the Nouvive team is relying on existing fundamentals and technical analysis.
Based on decreasing volume for the past 3 months and intense selling pressure, IOTA is ready to draw down to previous support levels tested in March and April.
Following a bounce from the support and our entry, IOTA is ready to test the 0.5 Fib, which Nouvive have announced a 75% take profit level, before trading side ways for 1 Month before selling the remainder 25% for a further 15 per cent profit.
Take Profit 75%: 0.00023
Take Profit 25%: 0.00025
Stop Limit: 0.000125
Time Frame: 3 Months
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