IOTA / TetherUS
Short

IOTAUSD D1: XABCD BULLS 50% correction possible(SL/TP)(NEW)

1 472
IOTAUSD D1: XABCD BULLS 50% correction possible(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: IOTAUSD daily chart review
::: XABCD BULLS in progress now
::: currently CORRECTION MODE
::: 50% losses possible
::: BUY LOW point D / PRZ
::: right now SHORT into BOUNCE
::: up to 50% gains on sell side
::: short-term BEARISH
::: up to 50% downside from here
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: details: see chart
::: recommended strategy: SHORT/HOLD after correction
::: TP BEARS +50% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS
::: Sentiment short-term: BEARS/CORRECTION

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.