Wassuuuuup ?!
Simple trade setup idea. I've been looking at IOTUSD regularely. It just broke the long term upward support here. This is a clear short opportunity :)
The red line is the support on a even longer timeframe. We might see a bounce from here.
It will depend a lot of BTC movement, the market, etc... So make sure to put a tight stop loss (just above 1.156).
A lot of room to go down :D
Cheers,
Simple trade setup idea. I've been looking at IOTUSD regularely. It just broke the long term upward support here. This is a clear short opportunity :)
The red line is the support on a even longer timeframe. We might see a bounce from here.
It will depend a lot of BTC movement, the market, etc... So make sure to put a tight stop loss (just above 1.156).
A lot of room to go down :D
Cheers,
Trade active
Possible scalp : Keep STOP at 10.157
Wave 1 :
SELL : 1.105 - 1.11
BUY : 0.87
Wave 2 :
SELL : 0.996
BUY : 0.64
Trade closed manually
Stop reached, reversal happening on short time framesTrade active
Well back in the gaaaame :)Trade closed: target reached
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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.