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VinnyTheTrader1
Mar 17, 2018 12:59 AM

IOTABTC - awaiting volume - bouncing from the trendline 

IOTA / BitcoinBinance

Description

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 investopedia.com/terms/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

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