coinselor

MIOTA (IOTA) - W Bottom

BINANCE:IOTABTC   IOTA / Bitcoin
Miota printed yesterday a new 88-day high after forming a beautifully clear W bottom. Breakout volume was 3x the average. Even though the price picture is very clear, the trade proposition isn't that great.

For instance, there are a lot of better risk-reward ratios being offered by other alts and daily momentum has been slowing down consistently.

Will keep an eye on price action moving forward.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.