IOTUSD trade ideas
Stay FrostyPink box -> price volatility indication of an upcoming big move
yellow line -> trend line
white bars -> potential PA
seems likely RSI is moving down towards the lower margin
IOTUSDWe have been building a computerized system called "System T" for years that analyzed and back-tested the 20 years history data of over 100 markets.
This post is our sharing of the signals generated by the system.
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System T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk Reward 2:1, 20 Years of Backtesting Data
Iota up We are seeing a squeeze develop on the 30 minute chart, this should happen within the next 2-3 hours. Now is a very good time to buy or, if you prefer to be a bit safer then wait for it to breakout and retest the triangle. See the chart.
Set a stop loss just below the bottom of the triangle.
