In the 15 MIN chart we saw as Tenkan Sen crossed above the Kijun Sen, it was a bullish signal. As this type of buying signal occurred above the Kumo (cloud) in a 4H chart, so we can be sure that this was a strong bullish signal. But BTC is showing high volatility in price for the last days, so we need to be cautious.
Now, we are waiting a bullish signal confirmation in previous all time high for IOTA ~1.548 USD
For maximum risk management on this trade, we also could move the stop-loss up with the Kumo, keeping it just below the bottom edge. For even tighter risk management, we could move our stop-loss with the Kijun Sen, keeping it 5 to 10 pips below that line.
We can use MACD+DI as an extra confirmation method and now we can see a green point (buy signal).
The RSI is currently above 50. It is an indication of a bullish market.
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Buy: As explained above. ~ 1.55 - 1.56 USD
Take-profit: You are free to decide, but avoid greed. See the Fibonacci extensions provided in graph for reference.
Stop-loss: ~ 0.969 USD
Now, we are waiting a bullish signal confirmation in previous all time high for IOTA ~1.548 USD
For maximum risk management on this trade, we also could move the stop-loss up with the Kumo, keeping it just below the bottom edge. For even tighter risk management, we could move our stop-loss with the Kijun Sen, keeping it 5 to 10 pips below that line.
We can use MACD+DI as an extra confirmation method and now we can see a green point (buy signal).
The RSI is currently above 50. It is an indication of a bullish market.
======
Buy: As explained above. ~ 1.55 - 1.56 USD
Take-profit: You are free to decide, but avoid greed. See the Fibonacci extensions provided in graph for reference.
Stop-loss: ~ 0.969 USD
Dagangan ditutup secara manual
Closed manually at 4.87 USD with 314% profit.Congratulations!
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.