Looking at the shorter term we might see a reversal. I am looking to see if we break the key resistance. if we break it we may reverse at the next resistance level.
Just look out for reversal signals at these key price points.
This is not an investment advice but just use as a reference.
Personally I think we are starting wave iii of 1 of (3) which would mean we are in for a long ride UP.
Just look out for reversal signals at these key price points.
This is not an investment advice but just use as a reference.
Personally I think we are starting wave iii of 1 of (3) which would mean we are in for a long ride UP.
Note
Longer time frame view here
Note
Looks like iota chose the down scenario - bearish RSI divergence was right.Note
Almost hit 0.5 fibo might turn around an go bull but who knows - watch price action at key levelsNote
Time to break key resistance and moon. lets see if it does itNote
Testing key resistance 3 times alrdy failed twice haha.im still waiting for it to break. if it doesnt it will retrace.
Trade closed: target reached
Minimum target hit - waiting for a small retrace here... will update my analysis laterNote
hit resistance at 87-88 area sold my iota here. will get back in during the retrace
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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.