IOTA Analysis: In Phase with Bitcoin Cash (BCH)...This blog contains the details.

in #bitcoin7 years ago (edited)

SUMMARY
IOTA is deeply correcting and its chart is very similar to Bitcoin Cash (BCH). This coin will test both your patience and resolve as it's slow price churns can be mortifying for some. Having said, that, there is an end to all and every correction. The below chart labels the price pathway probability and IOTA is perhaps seeking one more lower low. Therefore, the end of the A,B,C (red) correction might not be until the next support zone as marked by the blue line.

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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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Do you have time to look at ripple or decide if it’s going to go to around $.50 before the crash. Much appreciated

Wondering that too.

Good nice video and picuter shearing thanks my votes pelese

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We think alike, yesterday i discerned a prominent h&s with minimum target of 0.38

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Beautiful symmetry.

I'll start laddering from there.

Could you explain laddering a bit?

Laddering is distribute your entry (or profit taking) in several points, so you eliminate the FOMO (fear of missing out) you then guarantee a good entry and almost always get you some cash (preventing you for going all in), the best de risking strategy, @haejin explains it perfectly in his videos. Have a good day

Thank you. Much appreciated :)

really nice video, thx a lot :)

Thanks! It looks like is still sitting over the support trend line for now... not much left until hitting the apex

You are the best @haejin! thank-you!