Bounce trade on 1h divergence and hit several resistance points

Long

IOTA (BITFINEX:IOTUSD)

Updated

BITFINEX:IOTUSD IOTA

Chart Patterns Divergence

chartpattern divergence

1h divergence

resistance zone + fib level

I'm setting a tightish stop loss because I don't see iota bottoming here but I do see a profitable trade.

Comment:

1h + 4h divergence trade still in play

Trade closed: target reached

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