IOTA: Potential head & shoulder! T1: 56 cent & T2: 65 cent
Our first target from our original post of IOTA was hitted.
There is really good potential of making a new trade with a potential head- & shoulderpattern.
Buy options:
- You can buy at 45-46 cent, just above the big support line of the 45 cent;
- You can wait the breakout of the neckline of the potential head- & shoulders pattern at 49 cent;
- Or you can buy at a breakout of the red resistance line.
A good stop-loss would be 45 cent or just below.
Target levels: 56 cent and 65 cent.
There is really good potential of making a new trade with a potential head- & shoulderpattern.
Buy options:
- You can buy at 45-46 cent, just above the big support line of the 45 cent;
- You can wait the breakout of the neckline of the potential head- & shoulders pattern at 49 cent;
- Or you can buy at a breakout of the red resistance line.
A good stop-loss would be 45 cent or just below.
Target levels: 56 cent and 65 cent.
Kommentera:
There is 1 more good buy moment. When it breaks the red line as I show below:
Handel aktiv:
Our trade is active, we bought at 0.441 usd.
We got a really high reward/risk ratio of 9/1:
We got a really high reward/risk ratio of 9/1: