$IOTA/USDT 1D (BinanceFutures)Symmetrical triangle near breakout

Internet Of Things Application regained 100EMA support and is accumulating above it, let's give it a new try!

www.iota.org

Current Price= 1.3266
Buy Entry = 1.3424 - 1.2540
Take Profit= 1.6873 | 2.2630 | 2.7920
Stop Loss= 1.0753

Risk/Reward= 1:1.75 | 1:4.33| 1:6.7
Expected Profit= +29.97% | +74.32% | +115.07%
Possible Loss= -17.17%

Fib. Retracement= 0.702| 1.117 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 3.5 months

İşlem kapandı: durdurma seviyesi:

SL hit with -17.17% (1x) and -1R

MIOTA did not bounce on 100EMA and went down lower than expected.
Fortunately it managed to find another support, targets remain valid if you are still in!