IOTA Update: Fake out? See how my analysis explains this possibility.steemCreated with Sketch.

in #bitcoin7 years ago (edited)

IOTA triangle upper line redrawn. The bottom was pierced but price quickly returned inside. This is often bullish and precedent for price rise and breakage of upper trend line. Let's see what happens. Given the overall Altcoin tide is still rising, I'm leaning towards the bullish side.


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Yep, looks like a bear trap. Dive the price under the bottom part of the triangle, then reverse course.

Precisely!

Thanks man, what do you think of XRP. Seems like they are dumping coins to keep the price low, but this may stop at some point not to far away?

Here is the update for RIPPLE (XRP), please use only to augment your due diligence.
https://steemit.com/bitcoin/@haejin/ripple-xrp-update-is-it-xrp-s-turn-to-surge

Any price target? Time period?

i will not support this coin. it supports the IoT.

Why dont you support the IOT?

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