arturoduran

S/R lines on IOTABTC

Short
BINANCE:IOTABTC   IOTA / Bitcoin
IOTABTC chart is showing several R/S lines/zones that have been tested several times. According to the Fibonacci Retrasement lines and these S/R lines, we can set 1 long or 2 short bets. Amid the general cryopto market, the trend is showing bearish signals. So the most strong strategies are the 2nd and 3rd. Wait for rebound or breakout to set your positions.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.