Grimland

IOTA some patterns to watch out for

BITFINEX:IOTUSD   IOTA /美元
Three possible patterns to watch out for that could give us a buy opportunity

1) Bullish pennant (blue)

How to trade:
We have a buy opportunity If resistance break
TP = $5.5

2) ABC correction to trend (orange)

How to trade:
We have a buy opportunity if we get a reversal candle near trend
TP1 = $3.55
TP2 = $4.45

3) Double bottom (red)

How to trade:
100 MA is catching up, Fib level near $3 mark
We have a buy opportunity if we get a reversal candle near the $3 mark
TP1 = $3.55
TP2 = $4.45
評論: looks like it might break that bullish pennant (blue)
交易進行: TP $5.6
評論: broke the pennant, looks like we go down more
評論:

we might see a breakout soon
評論:

broke out, retested and off we go!
交易結束:目標達成
Is your target still 5.6$? I'm having a hard time calling out a top.
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Nice work... perhaps we go to the top of that triangle first and this could be a bull flag ABCDE - Waves
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Grimland blake3308
@blake3308, exactly :)
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blake3308 Grimland
@Grimland, and to some degree everything is following BTC
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Grimland blake3308
@blake3308, True, it will depend on what BTC does
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