ccta

$IOTA / $BTC 4H: Head & Shoulders Pattern

Long
BINANCE:IOTABTC   IOTA / Bitcoin
IOTA - confirmed Inverse Head and Shoulders pattern:
  • Breakpoint rate: 0.00007619
    Take-profit rate: 0.00008300
    Profit percentage (%): 8.9%
    Stop-loss - 0.00007421
    Breakpoint date : 2018-11-04 12:00:00
    Timelimit date : 2018-11-12 08:00:00
    Entry risk: -2.6%
    Risk/Reward: 0.29

Possible pullback to KijunSen ~7592sat.
A bit risky trade - IOTA still under downtrend resisance line, and market not safe now.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.