IOTA / TetherUS
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IOTA breaking long-term trendline

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Context:
BTC continues to show strength. To be honest, I've been waiting at lower prices below 40K to open Longs. But this didn't happen.
BTC breaking 53K implies that 58K or even higher prices would be reached quite shortly.

IOTA set-up:
With the above reason, I openned a LONG position for IOTA with targets (blue lines) and invalidation condition (red line).

Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.

Nota
TP1 hit +30%
syot kilat
Nota
+40%, on the way to TP2
syot kilat
Nota
The EMA50D hold prices as a strong support. I expect a bounce the next days/weeks
syot kilat
Nota
Update: SL to entry.
Reason: BTC under strong monthly resistance

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.