IOTA / TetherUS
Panjang
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Potential rally upcoming for IOTA

368
4 hour time frame, we clearly broke out from this falling wedge to the upside. Here is my high leverage position setup.
I will keep updating this setup unless we hit stop loss
Nota
Update: Might take my stop to just below $1, which will act as a psychological support
Nota
Update: Rally started as expected, our first take profit level of 1.16 is near
Nota
Update we hit our first target and are currently retracing
Nota
We hit our second target of 1.350 and are currently retracing
Nota
We can add in to our position at 1.18 level
Nota
looks like we had perfect buy back at 1.18, for now we are still bullish
Nota
About time we move our stop profit to 1.159
Nota
Updated target: 1.47, 1.62
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Update: Sideways action for now with a symmetrical triangle being formed in lower time frame
Nota
Update we reached the updated target of 1.62

Penafian

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