SamLazno
Long

Set up for breakout - EMA Crossing

BINANCE:IOTABTC   IOTA / Bitcoin
Hello everyone and welcome to this analysis on IOTA:             .


As you can see the technical tool that I am using and has been rewarding to me is based on the EMA 52,26,12. A crossover of the EMA 52 and 26 is a sign of a beginning of a trend. In this case you can see that the EMA 26 has just crossed the EMA 52 representing a start of a bullish short to mid term trend upward.

RSI under 70 which means the trend trend is not yet set.
MACD is showing a neutral sign on the 4 hr             .

Aggressive set up:
Long at market price
Stop loss under EMA 52
Take profit at 16232 (7%-8%) depending on TP and marlket price.

Conservative set up:
Long at EMA 12
Stop loss under EMA 52
Take profit at 16232 (7%-8%) depending on TP and SL.



**This is my set up and I am sharing that with you for educational purpose. This isn't, in any case, financial advice.**
Comment: Target reached
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out