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Buy the breakout CONFIRMATION
IOTA
Long
Buy the breakout CONFIRMATION
By crypto_poet
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Updated
Jun 2, 2021
0
Jun 2, 2021
Patience... allow for the 4H candle to close ABOVE the red resistance, than purchase confirmation which closes also above.
Things to be aware off - failed confirmation might possibly lead to Wyckoff Accumulation Schematics.
Further idea development will be described as scenario unfolds...
Jun 2, 2021
Note
Extremely overbought conditions on 15 min RSI:
Jun 2, 2021
Trade active
Possible double top on 4H and overbought RSI:
Jun 2, 2021
Trade active
Volume profile suggests support in area of $1.165 :
Jun 2, 2021
Trade active
Horribly looking gravestone Doji forming on 1H, volume possibly confirming short term trend reversal:
BTC
Chart Patterns
crypto
IE
IOTA
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pln
USD
WIG
crypto_poet
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