Will IOTA go up? IOTA Is very strong project solving a very important problem of scalability.
Triangling on the 1 day chart. Buy with the break of upper resistance line.
Everyone who looks at the chart recognizes the triangle pattern. Most of the people are waiting for the break-up.
Entrance: close to the lower support on the break of the small resistance on the 1h chart within the triangle.
Stop loss: on the break lowest support line.
Price has broken the down trendline.
Currently flagging.
Established a 3rd top and additional resistance line forming a symmetrical triangle visible on a 4h timeframe.
Trading strategy: Going long above 15500 level. Take profit around 20k
A good risk/reward play on 4h. ON the break of the small 3rd resistance line i will inniciate the trade. RIsk: ~0.6 or 500 IOTA for my risk tolerance. Holding time: up to a week.
Ethereum will soon be ready for a breakout up. I think the pattern is obvious and many traders recognize that.
perfect entrance will be a pattern on a smaller time frame inside the triangle or in case the price will drop to lower support line, buy there.
Fundamentals on eth remain strong. I think people are anticipating another run and the break will be in big...
Looks like a triangle formation to me. I hope to market participants as well. Going long seems less risky to me + an opportunity to build a size before the big formation play itself.
