Bullish divergence VS Descending triangleDescending triangles are a continuation pattern but we can see a hidden bullish divergence and it seems that iota is bottoming out and forming a possible triple bottom. it would be a fantastic trade. my strategy is buying at the dip. so i can see third bottoming out near 7000 satoshi level. so we have bullish divergence and simultaneously descending triangle so we should see a decreasing in price soon considering this bearish sentiment shadowing the whole crypto market. but it seems altcoins does not want to get lower, they are just want to take a sideway action.
So in simple words i suggest
-Buying at 7000 satoshi level
-putting a stop loss at 6740 satoshi and even a little bit lower (it's personal!) to avoid HFTs trick.
-and targeting to the moon ! i mean you know this is an altcoin and i advise you buy the dip and wait. Just wait. don't listen to anybody and don't listen to the worm inside your mind that always is telling you do something! the target is going to be more that ATH. just wait and take your profit few month later. and i know you wont listen to me! come back to me if you didn't and confess!
