Work4Results

IOTABTC Idea

Long
BITFINEX:IOTBTC   IOTA / Bitcoin
Ok this is a riskier trade than I would normally do so I won't be going in heavy. Key thing here is the risk to reward is good and it has had a good pullback so I think the overall uptrend can continue. Quality project with an amazing developer team that is planning for the future of IoT. Always a bonus to have some fundamental reasons even with the crazy crypto market right now. Trade safe!
Trade closed manually:
Trade triggered and moved far enough that I had moved my stop loss to break even which it then came back and hit. So I am out of this one now.
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.