$IOTA/BTC 3D (#BinanceSpot) Descending wedge breakout and retest
MIOTA looks solid in satoshi and will probably outperform the market this year!
www.iota.org/
Current Price= 0.00002645
Buy Entry= 0.00002590 - 0.00002304
Take Profit= 0.00003517 | 0.00004587 | 0.00005822
Stop Loss= 0.00001835
Risk/Reward= 1:1.75 | 1:3.5 | 1:5.51
Expected Profit= +43.73% | +87.45% | +135.27%
Possible Loss= -25.01%
Fib. Retracement= 0.786 | 1.117 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 8 months
www.iota.org/
Current Price= 0.00002645
Buy Entry= 0.00002590 - 0.00002304
Take Profit= 0.00003517 | 0.00004587 | 0.00005822
Stop Loss= 0.00001835
Risk/Reward= 1:1.75 | 1:3.5 | 1:5.51
Expected Profit= +43.73% | +87.45% | +135.27%
Possible Loss= -25.01%
Fib. Retracement= 0.786 | 1.117 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 8 months
Trade active:
First entry filled
MIOTA is still holding above 100EMA against Bitcoin, we expect a big move in the coming weeks.
MIOTA is still holding above 100EMA against Bitcoin, we expect a big move in the coming weeks.
Trade active:
2nd & 3rd entries filled
MIOTA lost 100EMA and broke down, not looking too good right now to be honest but we'll stick to the plan.
MIOTA lost 100EMA and broke down, not looking too good right now to be honest but we'll stick to the plan.
Trade closed: stop reached:
SL hit with -25.01% and -1R
MIOTA continued with the downtrend and is now sitting on last triangle support...
MIOTA continued with the downtrend and is now sitting on last triangle support...
