IOTA swing trade

May 31, 2019

IOTA has given confirmation in USD pair but 50 weekly MA is acting as a resistance. Confirmation in btc pair has not been established. Waiting for confirmation.


Meanwhile look for stability in the BTC pair around this green zone. Entering on 7 Weekly EMA on USD pair is recommended. Break below 21 EMA (either USD and BTC) on weekly invalidates this setup.

Jun 5, 2019

Note

BTC pair is doing fine.

Jun 5, 2019

Note

Jun 6, 2019

Trade active

Jun 7, 2019

Note

Bouncing nicely from the zone

Jun 15, 2019

Note

BTC pair has a breakdown in daily chart. but weekly close is crucial. The USD pair is doing fine.

Jun 29, 2019

Note

IOTBTC is performing bad and usd pair also experienced a drop below 7ema after a close above 50 DMA past week. 21 Week EMA is providing support. Bounce and above 7 ema will be bullish. Close below 7 ema in weekly IOTUSD will be short signal.

Jul 1, 2019

Note

Closed below 7ema. Placing just below 21 EMA