IOTA... tight stop, low risk trade.

I have been somewhat bearish on IOTA for a few days, expecting a further crash. However, I have deep respect for my ability to be wrong.

Seeing IOTETH recovering and poking above the triangle apex here, good risk-reward. Close stop. Fast, dangerous, close stop. Happy New Year.

Kommentar:

I hardly ever see a chart go all the way to a triangle's apex, down to the last hours. Looks like all moves have been rejected. Curious behavior, I wonder if some large players are forcing it to be. We'll see what happens.

Trade ist aktiv:

Added to position.

Could be happening.