$IOTA/USDT 1h (Binance Futures) Symmetrical triangle breakout
Internet Of Things Application just broke bullish locally and looks ready for a short-term recovery.
Current Price= 1.6038
Buy Entry = 1.5851 - 1.5273
Take Profit= 1.7113 | 1.8820 | 2.1243
Stop Loss= 1.4208
Risk/Reward= 1:1.15 | 1:2.41 | 1:4.2
Expected Profit= +19.94% | +41.88% | +73.02%
Possible Loss= -17.40%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 5 days
Current Price= 1.6038
Buy Entry = 1.5851 - 1.5273
Take Profit= 1.7113 | 1.8820 | 2.1243
Stop Loss= 1.4208
Risk/Reward= 1:1.15 | 1:2.41 | 1:4.2
Expected Profit= +19.94% | +41.88% | +73.02%
Possible Loss= -17.40%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 5 days
Trade aktif:
First entry filled
Internet Of Things Application pulling back as expected, let's see if bounces up from here.
Internet Of Things Application pulling back as expected, let's see if bounces up from here.
Trading ditutup: target tercapai:
TP1 reached with +19.94% (2x) and +1.1.15R
IOTA bounced on 50MA and regained 200MA as planned!
More up-trend continuation is likely, SL adjusted to 2nd entry (1.5273$) anyway.
IOTA bounced on 50MA and regained 200MA as planned!
More up-trend continuation is likely, SL adjusted to 2nd entry (1.5273$) anyway.
