Bitfinex IOTA/USD Falling Wedge Breakout
Updated
1. Price forming a Falling Wedge after a strong move up.
2. Decently strong support around 4.5 - 4.7 USD
3. RSI bouncing off 50 line, bull trend continuation signal.
Enter when breakout towards top side confirmed, stop loss below wedge bottom.
Good luck,
Kane
2. Decently strong support around 4.5 - 4.7 USD
3. RSI bouncing off 50 line, bull trend continuation signal.
Enter when breakout towards top side confirmed, stop loss below wedge bottom.
Good luck,
Kane
Note
Price is also above Komu Cloud which is a bullish plus.Trade closed: stop reached
BTC continued to drop below 15k, dragging altcoins down with it. Stop reached, trade closed.
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