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without_worries
Jan 28, 2021 4:35 PM

IRIS / USD = Bullflag + breakout Long

Description

On the above 9-day chart price action has formed a bull flag with breakout. Additionally a Dragonfly DOJI candle was printed with following candle as confirmation. 200% gain from here and likely to occur soon.

Comment

Price action on the 4-day chart below is now showing a 'overbought' condition. However that is not to say a 'sell' condition. We may see a divergence in price action with the oscillators or something else all together.

If you're holding out for more it is a good habit to take some profits off the table as price action continues to rise. Don't try to time the top, no one knows where that is.

Trade closed: target reached

up 230% and now the 10-day chart prints a hanging man candle.

Take profits - better play exist currently.

Comments
yipcode2018
Is it worth to maintain this coin ?
without_worries
@yipcode2018, What do you mean?
yipcode2018
@without_worries, i wanted to know if after hitting your target is it still worth to hold IRIS or sell it.
without_worries
@yipcode2018, Whenever I'm in profit I take it. 200% is awesome.
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