This is only for learning purposeThis is not buying selling signal this is only for learning purpose if you buy than put stoploss properly according your risk.
IOTEX : RANGE BOUND#IOTEX is in range bound between $0.035 - $0.021.
Technically : Consolidation Phase.
Bullish in longterm.
long IOTX/USDT 15MINIOTX REACHED A DEMAND ZONE
We can potentially see a nice bounce up off the demand zones.
My mistakesIn the below chart
In 1h timeframe I saw an uptrend at a very strong resistance level. I drew a Trendline and resistance level as well, and waited for a breakout.
As planned red candle breaked the Trendline and at the same time indicator also generated sell signal and rsi wasn't in oversold zone. S
💡Don't miss the great buy opportunity in IOTXUSD @iotex_io
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.08711).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. IOTXUSD is in an uptrend, and the continuation of the uptrend i
IOTX LONGentry : 0.06334
sl : 0.05420
tp : 0.10770
entry : 0.07174
sl : 0.06446
tp : 0.10776
REASON : RSI Bullishi Divergence ( 1 D )
Ascending Triangle ( Bullish )
See all ideas
