Price action in IOTA/BTC or IOT/BTC has been bullish since it touched 45000 satoshis at the start of November .It has recently touched 115000 and still looks bullish.
- 4H chart shows there could be upside to at least 120000.
- The RSI reflects the fact the market is becoming a bit choppy (thus the bearish divergence).
- 1) Enter around 100000, with stop around 94500, and targets of 120000 and 130000.
- 2) Wait for pullback to 85000, stop at 79000, and targets of 100000, 114000, 120000.
- The first option caters to FOMO, and the second looks for retracement with more conservative targets.
- I think a deep correction to 70000 could still be within the context of a bullish trend development.