Trade recommendation: IOTA

The market gives us a new important level that can be used to open long-term deals. The price rebounded from the support zone is formed at the support level of SMA100 and 2.00. RSI confirmed the price change. The MACD histogram supports possible upward movement.
If the market overcomes the resistance level of 3.00 and the high level of the bullish candle, we will receive an additional signal confirming further upward movement.
Deferred purchase orders must be placed at 3.20 with a stop loss at 1.85. Take-profit - 5.00 and 8.00. If you do not use a shoulder, the trade volume for this transaction is up to 10% of your deposit.

Market: IOTUSD

Purchase: 3.20

Stop loss: 1.85

Take-profit: 5.00 and 8.00

The trading signal is based on the Poloniex diagram.

Disclaimer: The analyst has no investment in Litecoin.