IOTA swing trade opportunity
Reasons to open a swing trade:
Price action formed a falling wedge ( or descending triangle) on falling volume. (Both tend to be continuation patterns.) On IOTA/BTC chart, price is currently sitting on 100 day simple moving average.
If we look at IOTA/USD chart, price broke through falling wedge forming invH&S. Price also is sitting near pre-pump support area.
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Trading strategy: Buy break out from inv.head and shoulders on dollar chart on volume expansion.
Stoploss depend on what you are willing to tisk.
Price action formed a falling wedge ( or descending triangle) on falling volume. (Both tend to be continuation patterns.) On IOTA/BTC chart, price is currently sitting on 100 day simple moving average.
If we look at IOTA/USD chart, price broke through falling wedge forming invH&S. Price also is sitting near pre-pump support area.
<deleted>
Trading strategy: Buy break out from inv.head and shoulders on dollar chart on volume expansion.
Stoploss depend on what you are willing to tisk.
Not
Targets will depend on Fib.Levİşlem aktif
Broke through 4H cloud
Not
got stopped out .Not
will keep an eye on this fractal resistance level.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.