IOTA is touching, again, the 0.786 Fibonacci retracement support level corresponding to 0.352 USD.
From here only two possible options: 1) A bounce to Fibonacci level of 0.618, corresponding to 0.509 USD 2) A drop to level 1 of Fibonacci corresponding to a price of 0.143 USD
I'm holding IOTA, obviously I prefer the first option!
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Fortunately, IOTA has bounced off the support corresponding to Fibonacci level 0.786.
If the short-term trend continues, we can expect to see IOTA at 0.50 USD. This should be our first objective.
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IOTA is amazing. We are in from 0.35 USD, now It is close to 4.00 USD. 10x - 1000% profit!
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Closed manually at 4.87 USD for 1383% profit! Amazing trade!