This is where I think IOTA will end up in a few days or weeks.
Yesterday we saw the beginning second wave up in the bigger scheme of things.
right now were are retracing from the uptrend we saw two days ago but, get ready to buy some more IOTA once the retracement is done!
This is where it'll fall if it'll fall anymore
I've already bought some at .236 FIB regions, but I'll look to add more at these regions.
I go with the strategy of buying more as it falls more in terms of amount, which seems to work well and reduces risk overall. This has to do with DCA which i've wrote about before here.
Now if you're a long term holder you don't really need to worry about the retracement and should only focus on selling targets.
This is the bigger picture. This might take a little time but this is where we are going!
$5.2 is a realistic target in a slightly longer term thinking.
If I was holding IOTA right now I would not be thinking about selling it, unless if we see a big drop in bitcoin prices or any other black swan event occurs.
just be careful and trade safely!
That's about all for now.
If you've any questions let me know down below, I'll try to help! _
