Been watching this setup unfold for a bit now.
Seeing some follow through after breaking that tough 0.43 level on a daily closing basis (would love to see the weekly close too).
Flip 0.49 and odds increase of a run to a measured move from this huge inverted H&S pattern.
IOTA was formed a bullish triangle and did go where he has to go (break the resistance) and after that formed a clear pullback so its next move is almost obvious and its going to be higher values from now
YOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't...
Here we go again, this pattern is a trend retournement.
- RSI bullish, close to break all time high rsi
- Cup and Handle, try to break the neck line
- Macd zero Lag bullish
- Ascending triangle
Ok time to pump .
Don't forget stop loss ;)
Spotted huge ISHS here with immediate target pointing towards 3$.
Kindly follow the suggested BUY zone on the chart and always remember to apply stop loss according to the chart and your personal set risk management.
Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
Kindly go through the chart and leave us your comments...
IOTA has not broken a downtrend line (green line, 900 days) yet.
BTC has corrected and ALTS has fallen.
The best moment to entry is the breakout confirmation.
It's safer to entry if the daily candle closes above $0,45.
IOTAUSD D1: XABCD BULLS 50% correction possible(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: IOTAUSD daily chart review
::: XABCD BULLS in progress now
::: currently CORRECTION MODE
::: 50% losses possible
::: BUY LOW point D / PRZ
::: right now SHORT into...