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Trading Signal: Buy IOTA

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Published: 19 Aug 2017 › Updated: 19 Aug 2017Trading Signal: Buy IOTA

Trading Signal: Buy IOTA

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If we look at the 1H chart, we will see a double bottom chart. It belongs to the group of inverse diagrams. If the market bounces from the line of the uptrend and the support level of 0.80000, we will have to wait for a price break above the local maximum. This will confirm the picture of the double bottom and further upward movement. Deferred purchase orders must be placed at 0.92000. Stop orders should be below the level of 0.758000. The profit targets are equal to 1.0000 and 1.10000 levels of resistance. Also part of the trading volume can be left for a long period

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