crypto_poet

Buy the breakout CONFIRMATION

Long
crypto_poet Mis à jour   
BINANCE:IOTAUSD   IOTA
Patience... allow for the 4H candle to close ABOVE the red resistance, than purchase confirmation which closes also above.

Things to be aware off - failed confirmation might possibly lead to Wyckoff Accumulation Schematics.

Further idea development will be described as scenario unfolds...
Commentaire:
Extremely overbought conditions on 15 min RSI:

Transaction en cours:
Possible double top on 4H and overbought RSI:

Transaction en cours:
Volume profile suggests support in area of $1.165 :

Transaction en cours:
Horribly looking gravestone Doji forming on 1H, volume possibly confirming short term trend reversal:

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