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ForecastCity_World
Feb 24, 2021 9:03 PM

πŸ’‘ It's a great buy opportunity in IOTA/BTC @iota @BitcoinΒ Long

IOTA / BitcoinBinance

Description

β‹…
Trading suggestion:
. There is a possibility of temporary retracement to the suggested support line (0.00002155). If so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. IOTABTC is in an uptrend and the continuation of an uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.53.

Take Profits:
TP1= @ 0.00002507
TP2= @ 0.00002580
TP3= @ 0.00002700
TP4= @ 0.00002815
TP5= @ 0.00003040

SL= Break below S2

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Trade well, ❀️
ForecastCity English Support Team ❀️


TrendAnalysis ChartPatterns TechnicalIndicators
Comments
ProSignalsFx
β‹…
Might be forming a bearish flag? lets see!
ForecastCity_World
β‹…
Yeah, Let's see.
@MountainTraderFX,
Thank you for sharing your feedback.
We appreciate it🌹
Sir_Ray
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perfect analysis
ForecastCity_World
β‹…
@Sir_Ray, Thank you
Kamryn
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Nice mentioning both scenarios. Cheers πŸ‘
ForecastCity_World
β‹…
@Kamryn, Thank you for your comment. We appreciate it 🌹
Josef_anderson
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I believe that you are anticipating the direction so right πŸ‘Œ Thanks
ForecastCity_World
β‹…
@Josef_anderson, You're very welcome! We hope you enjoy it.
InkyGrip
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Very clear, thanks!🦐
ForecastCity_World
β‹…
@plancton0618, You're very welcome! We hope you enjoy it.
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