IOTA Coin Trade Signal

IOTA Coin Trade Signal

IOTA still appears to be in the doldrums, though it is gradually drifting upwards in a purely technical move. It will likely face resistance at $4.38, a Fibonacci Extension level, but has support from below at $3.88, the central moving average of the KRI. This seems to be very unimpressive for Wave 3 of the impulse segment of the Elliott Wave , as this is supposed to be the longest and strongest. Other than the stated levels from above, there is a relative vacuum zone before the upper bound of the Kovach Reversals Indicator at $4.90, so there is still hope.


Exchnage Link :  Binance
Market Name: IOT-USD
Buy Price: 3.98
Stop-loss: 3.25
Profit Targets: 5.00 and 7.00