IOTA
Long

IOTA bullish asymmetrical triangle. PT of 0.6. #IOTAUSD

Updated
Volume supports the asymmetrical triangle pattern. Just in time for Monday.

- upwards
Note
I guess not!
Note
What I've learnt from this instance is that I was right that there would be a sudden and large movement. Though, of course, the direction was incorrect. I need to study more on the typical triangle patterns that emerge. Going forward I will try to be less brash about the direction until I am confident enough to do so.
Note
When I reflect further I'm now painfully aware of my own bias. I WANT to be a bull and that has gotten in the way. Textbook confirmation bias on my end. That's why I like tradingview.
Posted ideas are immutable and force the poster to accept their errors instead of just allowing the poster to remove it. That works for me.
Chart PatternsCryptocurrencyIOTATrend Analysis

Disclaimer