IOTABTC trade ideas
IOTA/BTC previous tradeLast night during a chat with our traders we where going over trading pitchforks when there is a lot of price action in a ranging uptrend.
We got a perfect buy yesterday at 7373 missing the very bottom by 2 sats, with targets in mind at the outer limit of the top of the pitchfork.
this morning i wake up to a close on my trade with 6.5% in the bank, now waiting for another pick up back down on the outer limit of the bottom of the pitchfork around 7435 in the next few days
IOTABTC - Short term TradeFalling Wedge pattern, good for short term profit...... Final target is given as per pattern...Predicated both the possible scenarios with arrows ( Green and blue arrows)...will take after the proper breakout and people who already hodling IOTA can proceed for revenge trading...
Currently, the market will test its minor support indicated by yellow box.
Further moves will update later as per changes.....
Join our telegram link for instant news and crypto updates
Channel Link - t.me
IOTA Tried Bullish on H4IOTA Seen Penetrated DTL
We Can Use It To Find Buy Opportunities
Suggestions To Buy Are:
- Buy When Re-Penetrated Supply Area in 7588
- It Can Also Reduce M15 Frame Time As Zooming To Get The Best Price, And Buy When Stochastic Shows OVER SOLD With Rules As long As Prices Are Still Above EMA Then We Can Speculate To Buy.
TP: Minimum 8000
SL: 6999