IOTABTC - awaiting volume - bouncing from the trendline
Like all of the other alts IOTA is also suffering from BTC volatility. I am expecting some movement soon as BTC is getting stabilized a little.
We still need volume to breakout.. maybe couple days or maybe weeks.. but it will pop soon as the product has a good potential.
PS: Accumulation zone!! Take profit at Fibonacci levels.
Please hit "LIKE" to support the idea.
Thanks!
Basics of ICHIMOKU :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud www.investopedia.com...i/ichimoku-cloud.asp
We still need volume to breakout.. maybe couple days or maybe weeks.. but it will pop soon as the product has a good potential.
PS: Accumulation zone!! Take profit at Fibonacci levels.
Please hit "LIKE" to support the idea.
Thanks!
Basics of ICHIMOKU :
There are five calculations used to generate the Ichimoku Cloud:
Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud www.investopedia.com...i/ichimoku-cloud.asp
Comment:
it went 4% up and then bounced back.. if volume comes,, this can give you a very good profit :)
Comment:
moving up..
Comment:
Ichimoku cloud resistance.. let's see, if it can break it... or cashing out at approx. 10% profit :)
Trade closed: target reached:
sold at 19% profit..
Trade closed: target reached