IOTA Sym Triangle Possible Scenarios
This month, IOTA will have IOTA will have a lot of meetups with the purpose of launching worlds biggest DLT with their partners Bosh and Microsoft.
Huge SymTriangle formed with 50% failure rate. If BTC will correct, the triangle will fail, if BTC remains strong - we will possibly see another run.
In the box, on five - minute charts, you can observe extreme volatility, which usually occurs on the bottoms.
Place stop order 1% under the lowest low of the biggest candle in the box, in case something goes wrong.
Huge SymTriangle formed with 50% failure rate. If BTC will correct, the triangle will fail, if BTC remains strong - we will possibly see another run.
In the box, on five - minute charts, you can observe extreme volatility, which usually occurs on the bottoms.
Place stop order 1% under the lowest low of the biggest candle in the box, in case something goes wrong.
Trade active
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.
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.