4 hourly charts might be printing a head and shoulders reversal pattern.
Lower high right shoulder still forming. IOTA seems to move in sympaty with BTC and BTC is looking weak. I'm taking profits and waiting for re-entry closer to 50 cents.
See previous IOTA trade ideas 1 to 4.
Lower high right shoulder still forming. IOTA seems to move in sympaty with BTC and BTC is looking weak. I'm taking profits and waiting for re-entry closer to 50 cents.
See previous IOTA trade ideas 1 to 4.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.