|
Title: IOTA Price Technical Key Area Post by: puremage111 on April 05, 2019, 04:39:46 AM https://i.imgur.com/GU4XRyS.png
IOTA-USD If you are looking to buy into IOTA, you are worth to take the risk to do it now (Unless Bitcoin Price Crash Again) Key Resistance Level #1 -$0.41 (Previous Resistance Line) #2 -$0.45 (200 EMA) Good Entry Level Anywhere around $0.32-$0.33 (Previous Resistance + 100EMA) - As you can see, the price break through the green line(100EMA) it will most likely serve as a support level now Stop Loss #1 Support Level: $0.28 #2 Support Level: $0.24 - Slightly Safer How to Enter a Position 1)Wait till the RSI Level Cooldown, RSI is currently 64 and it's kinda overbought there. 2)Wait price to touch the key support Level (Or you can buy slightly above, because somehow it may never touch the support level and it will bounce back) Note: Always becareful with your stop loss, because Crypto market is volatile. Hence, somehow when it pump/dip, it goes beyond the support/resistance level. |
