IOTA second invert head and shoulders forming - short term

17 nov 2017

IOTBTC
In my other short term prediction I was talking about a possible bigger invert head and shoulders forming. We are pretty much on the way there.
IOTA just turn up from a down trend due to the ascending channel which usually resolves down. I cannot see the same setup on USD unfortunately which would make a stronger case, nevertheless this could be as valid if we get to the confirmation point.
The best buying points would be: between 0.00011600 - 0.00011800 and my target is 0.00014200.
The time will tell if its a valid head and shoulders.

17 nov 2017

Ordine annullato

I'm stopping casing this idea because the pattern is broken and as mentioned the BTC charts are distorted by the volatility of bitcoin, not very reliable.