IOPBTC: Cup and handle breakout, 100+% move coming?!
IOP has been on a massive tear to the upside the past few days moving from .00025 to .0005 in 3 days. It has formed a nice cup and handle formation. The handle had low volume on the pullback, a bullish signal. IOPBTC has broke out of the formation on the hourly formation with volume. We recommend entries below .0005 and use .00045 as your stop. First target is .0007 and final target is .0010, a 100% profit!
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.