IOTAUSD came to draw a H&S's on the chart during the last couple weeks. If it was to break neckline in the upcoming days, price target is fixed almost to the exact point where 0.77 support lies. Watch out for volume during breakouts, low volume could represent a fake movement either way. Condition - neckline broken
Cancel figure - price above left shoulder
Trade safe!!!
Mikephicc
Trade active
Target zone is about to be reached, h&s’s confirmed.Trade closed manually
After 4 months of the following up of this trade, probably the most profitable I ever had, I was lucky to see price alarm on time and closed a bit higher than $ 0.779 while demand started to increase exponentially and today’s bullish volume resulting to be in one of the highest since April or even March. This journey comes to an end and I expected a huge recovery for IOTA for the following months.
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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.