TradingView
ArShevelev
Dec 12, 2017 9:25 AM

IOTA vs. Bitcoin Possible Long Entry Long

IOTA / BitcoinBitfinex

Description

IOTA breakout from triangle in upward direction.
I'll use EMA50 as support (Entry) for this trade.
R/R ratio: 5.0
Take Profit on chart.

Trade active

Trade active

Trade active

Trade active

IOTA touched EMA50, so we can build up our Long Positions

Trade active

Trade active

Testet EMA50 suppor, bounced from it, now its time to moon!

Trade active

Need fuel

Trade closed: stop reached

Comments
webmi
To soon,... If BTC the king kong will not fall,.. your trade will be valid!
Mauma
It seems it broke in the other direction just surrounding the stop-loss area consolidating support.... do you think it will pick up?
MapleTrade1
zzman
@Trader8686, There is some meeting in Paris with MS and Iota at 14th december:
reddit.com/r/Iota/comments/7guqii/microsoft_and_iota_meetup_in_paris_on_14_december/
ManInElevator
It seems that the resistance is to strong and avoid the big bounce to the moon isn't it?
zzman
Looks promising now
zzman
but it's still inside the dollar triangle...
ManInElevator
@zzman, Does look promising still??
zzman
@ManInElevator, Not very much. I think that btc is going up and that's why guys are selling. Iotusd is not dropping.
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