Hi guys,
Quick trade opportunity here.
After that quick pump, IOTA didn't managed to break the short term downtrend channel. If rejection continues, we have a good potential 10% gain in sight.
SELL : Around 1.01
BUY : 0.87-0.90
STOP : If it breaks 1.02. You can use a larger stop to avoid getting out on spikes.
Feel free to comment and follow,
#FrenchShagg
Quick trade opportunity here.
After that quick pump, IOTA didn't managed to break the short term downtrend channel. If rejection continues, we have a good potential 10% gain in sight.
SELL : Around 1.01
BUY : 0.87-0.90
STOP : If it breaks 1.02. You can use a larger stop to avoid getting out on spikes.
Feel free to comment and follow,
#FrenchShagg
Trade active
Note
Tight stop is very important here, as the selling volume is really low compared to the buying. Let's see how it plays out :)
Trade closed: stop reached
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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.