Short

IOTA does down!

Updated

IOTA won't do up until BTC is in downtrand.
Stop doing you stupid ideas about IOTA's long!
BTC have fake moving on 7+ with small volume (even after this IOTA didn't go up) and it goes back soon.

Also, as you see, we have H&S on 1H timeframe. It's good reason to go down with BTC as well.
So just stop dreaming! We are going down! =)

Note

Note

Nice! =)

Note

On 1D timeframe we have bearish pennant.
For a while, the price will move inside the triangle between the lines.
But there are no any real reasons for strong moving up.
As usual everything depends on BTC. Until it is in downtrend, forget about "to the moon"

P.S. No one know what prise will be in 5 days, 2 weeks or 1 month. We should trade what we have now using stop loss.

Note

Well, as I said before IOTA won't go up until BTC is in strong downtrend.
Anyway, a lot of mom's traders continue to paint their stupid dreams about IOTA for 3-5$ in August :) Of course, it won't happen.
Now there is no any reason to take a long. You can just buy it and hold if you are mom's investor.

Shakalaka-BTC

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