Previous BTCUSD analysis work perfect. Take a look, and hit the like/follow button!
Today we are taking a look on IOTABTC, but at 1h timeframe IOTABTC. IOTA broke 1h downtrend and making flag for confirmation. At this timeframe we can see 1h divergence what could be a good sign. So, take that breakout with your own tested strategy and take some profit by moving your stop, because we are still in 4h downtrend. If i see corrective move similar to previous one (in ellipse) then i will expect one more move down, but i will update the charts!
REMEMBER: We are only interested in the buy!
If you want i will do update on this pair!
Don't forget to hit the like/follow button and write comment!
So keep an eye on it, be patient & trade with care!
Note
So, we didn't get breakout for a buy. Now, we will wait for breakout, flag and only then we will have buy setup again.
So keep an eye on it, be patient & trade with care!
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