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The_Paradoxed_Prophet
Aug 13, 2019 3:44 PM

$IOTA - Time to accumulate. Long

IOTA / BitcoinBinance

Description

We're either on the brink of an Alt Season with BTC.D capping out at the 200MA weekly, or we're about to start creating a trading range. (or just another bearish retest before dropping lower - trade what is, not what you want it to be.)


Trading Range Entries/Exits:
Lowest Red Range = TP1
Highest Red Range = TP2

Lowest Green Range = Accumulate in/above.

Stop loss below current lowest low by 3%.

Trade current trend:
Acquire: 2280 - 2300

Targets:
2350 > 2388 > 2470 > 2510 > 2572

Stop loss: 2235

Comments
The_Paradoxed_Prophet
TP1 Reached. Trading Range will be created if we reject here at 2388.

I have exited my trading position.

Will buy the retrace if there is one.
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