Looks like there might be an ascending triangle on IOTA. Be careful of a false break!
Nota
A failed break over the resistance but the bottom resistance is still holding steadily. I think if we get the momentum we'll see a successful breakthrough.Nota
Alright, my mistake, it looks like I put the resistance in the wrong place (not sure why I placed it there, then didn't pay attention to that in the last comment). Here's what we might be expecting. You could argue a double top, although I don't think we've seen enough increase for that to be the case. Keep your eyes pealed for cracks through the resistance/support!Nota
Off we go!Dagangan ditutup: sasaran tercapai
If you bought near the bottom of the triangle and sold near the bottom, that's a 15% gain, although more realistically if you waited for the break and sold at the second "hump" (a bounce back after the peak that fails to reach the peak again—confirmed by being a previous resistance, suggesting we've hit the peak), you made closer to 6%. Still a nice trade!Nota
Could also be an ascending triangle, just be aware if you want to hop on the next ride possibly!
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.
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.