$IOTA/USDT 1D (BinanceFutures)Symmetrical triangle near breakout
Internet Of Things Application regained 100EMA support and is accumulating above it, let's give it a new try!
www.iota.org
Current Price= 1.3266
Buy Entry = 1.3424 - 1.2540
Take Profit= 1.6873 | 2.2630 | 2.7920
Stop Loss= 1.0753
Risk/Reward= 1:1.75 | 1:4.33| 1:6.7
Expected Profit= +29.97% | +74.32% | +115.07%
Possible Loss= -17.17%
Fib. Retracement= 0.702| 1.117 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 3.5 months
www.iota.org
Current Price= 1.3266
Buy Entry = 1.3424 - 1.2540
Take Profit= 1.6873 | 2.2630 | 2.7920
Stop Loss= 1.0753
Risk/Reward= 1:1.75 | 1:4.33| 1:6.7
Expected Profit= +29.97% | +74.32% | +115.07%
Possible Loss= -17.17%
Fib. Retracement= 0.702| 1.117 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 3.5 months
Trade closed: stop reached:
SL hit with -17.17% (1x) and -1R
MIOTA did not bounce on 100EMA and went down lower than expected.
Fortunately it managed to find another support, targets remain valid if you are still in!
MIOTA did not bounce on 100EMA and went down lower than expected.
Fortunately it managed to find another support, targets remain valid if you are still in!
