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tapasdhanadana
2020λ…„ 3μ›” 27일 μ˜€μ „ 4μ‹œ 20λΆ„

IOSTUSDT Buy the RetestΒ λ‘±

IOST / TetherUSBinance

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IOSTUSDT Buy/Long

Waiting Restest for Entry

On smaller timeframe H1 IOSTUSDT brokeout a triangle pattern with less volume, it may indicate a fakeout.

Let the price make a retest to to breakout zone and a retest is must likely because the volume is not big enough and let the RSI come to a neutral zone then buy if it reverses from the breakout zone.

Entry Price : 0.003155 - 0.003180
Stop Loss : The previous low or 4%

Profit Target : T1 & T2 (15% < 25%)

Risk / Reward Ratio : 1:6

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If price breaks below the trend support line it will turn bearish. Only enter when it reverses buliish with big volume.

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Pattern Invalidated. Didn't took entry
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tapasdhanadana
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NEOUSDT short/sell trade
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