Grimland

IOTA some patterns to watch out for

Grimland Uppdaterad   
BITFINEX:IOTUSD   IOTA
Three possible patterns to watch out for that could give us a buy opportunity

1) Bullish pennant (blue)

How to trade:
We have a buy opportunity If resistance break
TP = $5.5

2) ABC correction to trend (orange)

How to trade:
We have a buy opportunity if we get a reversal candle near trend
TP1 = $3.55
TP2 = $4.45

3) Double bottom (red)

How to trade:
100 MA is catching up, Fib level near $3 mark
We have a buy opportunity if we get a reversal candle near the $3 mark
TP1 = $3.55
TP2 = $4.45
Kommentera:
looks like it might break that bullish pennant (blue)
Handel aktiv:
TP $5.6
Kommentera:
broke the pennant, looks like we go down more
Kommentera:

we might see a breakout soon
Kommentera:

broke out, retested and off we go!
Trade stängt: målet nått

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