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IOTA / TetherUS

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IOTAUSDT trade ideas

IOTA/USDT Getting Prepared to Fly 🚀 🚀 🚀 💡 Trade Idea 📈 Buy Limit IOTA/USDT @ 0.3987 🎯 Target Profit 0.4431 🛑 Stop Loss 0.3839 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price was trading within a corrective channel before succeeding to break it to the upside. A lower correction is seen to the daily support @ 0.3989 where we have the 61.8% Fibonacci retracement level. Our expectation now is a move upwards to the 0.0444 mark. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Long
by CollegeofPips
4
IOTAUSDT Getting ready for a drop!Based on the chart, price is rejected from a major resistance area and a weakness on buyers at this area is observable. So based on the scenario, it would be highly possible to see a big drop (because of candles accumulation at this area) in following hours. For getting better risk/reward ratio, selling on peaks can be a good choice. Note: As always please take risk management rules into consideration before opening any position on the market. Good luck.
Short
by Brian_Philips