IOTA before Head And Shoulders or a bull channel run continue?
After a symetrical triangle we can see a clear channel up.
Once we brake out of the channel stay alerted! 0.52 is a possible profit taking area meaning a pullback.
Stochastic RSI looks bullish, but we can't confirm that - on Bitfinex 3 hours chart we see that we are in
a heavily overbought area. We should see soon enough.
Our target reached. Position closed. Waiting for new entry as feeling very bullish about internet of things in the future years.
Share your thoughts and opinions. Mostly welcomed ;)
Good luck and peace!
Once we brake out of the channel stay alerted! 0.52 is a possible profit taking area meaning a pullback.
Stochastic RSI looks bullish, but we can't confirm that - on Bitfinex 3 hours chart we see that we are in
a heavily overbought area. We should see soon enough.
Our target reached. Position closed. Waiting for new entry as feeling very bullish about internet of things in the future years.
Share your thoughts and opinions. Mostly welcomed ;)
Good luck and peace!