Hello my Crypto friends!
Today we are taking a look at IOTA - 4h timeframe
IOTABTC view. IOTA is in the big channel as you can see. Also, we can see strong divergence in this channel, what is a good sign for a reverse.
So the question is how we can trade this pair?
IOTA is at the low of this channel and at the low of a bigger structure. Just take a look how this pair behaved in the past and you will see nice buy opportunity, but not yet! Every time when it was at the low, price bounced. So, we have more confidence for repeating these bounces.
Patience is the key!
We are only interested in the buy for long term. So, if it breaks the previous low again only then you can look for any buy setup and take it. If we are lucky, IOTA can break out of the channel and really move far from where is now.
Don't forget to hit the like/follow button and write comment!
So keep an eye on it, be patient & trade with care!
Today we are taking a look at IOTA - 4h timeframe
So the question is how we can trade this pair?
IOTA is at the low of this channel and at the low of a bigger structure. Just take a look how this pair behaved in the past and you will see nice buy opportunity, but not yet! Every time when it was at the low, price bounced. So, we have more confidence for repeating these bounces.
Patience is the key!
We are only interested in the buy for long term. So, if it breaks the previous low again only then you can look for any buy setup and take it. If we are lucky, IOTA can break out of the channel and really move far from where is now.
Don't forget to hit the like/follow button and write comment!
So keep an eye on it, be patient & trade with care!
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
