IOTA
Long

IOTA LONG | TARGET DLY 0.38 FIBO LEVEL

Updated
This is a Price Action Analysis.
As you can see Iota react to the Buy Area (Key Level - Previously Resistance become a Support)
STOP LOSS 12.20
TAKE PROFIT AREA - DAILY FIBO LEVEL 0.38.
Risk Reward Ratio can be 4 times bigger.

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Note
Crypto Markets are having a whipsaw in price action, as any type of markets. Still valid the Supply Zone where 0.38 Fibo Level is.
Note
Guys the trade is still active with the Profit target around area 0.18 | 0.19 as indicated previously. I didn't move up the stop loss, because we are playing in a range. Stay tuned.
Note
Hey guys, partial profits were taken. Remember to update the stop loss in you advance.
Trade closed manually
Guys I preferred close this trade with a great profit, price is moving slow. Stay tuned for the next analysis, thank you.
Beyond Technical AnalysisCryptocurrencyIOTApriceaction

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