mciche2
Long

IOTA/BTC Cup and Handel

BINANCE:IOTABTC   MIOTA / Bitcoin
Looks like the handle part of the cup and handle pattern is forming on IOTA/BTC.

Entry: Once 1hr candle closes above level of cup rim on increased volume
Exit: Depth of cup projected from rim upwards, apprx. 0.000396 BTC
Stop Loss: Apprx. bottom of handle: 0.00025 BTC
Order storniert: 1 hr candle didn't broke the rim resistance line, and then dipped well below the cup bottom. Per directions we never entered this trade, no harm done :) Oh well!
Kommentar: break***
Does this mean to buy now?
Antworten
mciche2 punkmanmatthew
@punkmanmatthew, no, strategy was listed in the description.
Antworten
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