Because Who Doesn't Like Triangles
- IOTBTC is and has been in a downtrend, but even when we're doing down we can make moves up.
Also notice the H&S aka a bearish Head and Shoulders forming.
IF right shoulder forms and we don't break 0.000171 then we go down to 0.0001282.
IF we break up we hit up 0.0001825.
- MACD is crossing on the Hourly.
Predictions:
- We break the triangle up.
- We hit resistance but without any volume, right shoulder completes forming and we burn for a while.
Also notice the H&S aka a bearish Head and Shoulders forming.
IF right shoulder forms and we don't break 0.000171 then we go down to 0.0001282.
IF we break up we hit up 0.0001825.
- MACD is crossing on the Hourly.
Predictions:
- We break the triangle up.
- We hit resistance but without any volume, right shoulder completes forming and we burn for a while.
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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.
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.