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Long

IOTABTC 4h Bullish Divergence

BINANCE:IOTABTC   IOTA / Bitcoin
A Bullish Divergence indicates a potential Trend Reversal - or at least a temporary Swing!
In this Case, we have a nice Divergence of Price vs. CCI ( Commodity Channel Index ).
To confirm this Buy-Sinal, we'll have a look at the RSI: It was oversold, found it's ground and is moving up again.
It's time to enter this Trade!
Profit Target is 0.00015788 - this is the Resistance-Line.
When Price touches or even crosses the Resistance-Line, it get's interesting, because Price then will move outside the Linear Regression Channel and could start a real Trend Reversal with a strong Uptrend.
Trade closed: target reached: Profit Target was hit!
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