IoTeX (IOTX) formed bullish Gartley | A good long opportunity

By moon333 | moon333 | 30 Apr 2021


Hi dear friends, hope you are well and welcome to the new update on IoTeX (IOTX) coin.
On the hourly time frame chart, the price action has formed final leg of bullish Gartley pattern.

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https://www.tradingview.com/chart/IOTXUSDT/LOQlBxgU-IoTeX-IOTX-formed-bullish-Gartley-A-good-long-opportunity/ 

 

Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $/0.0746 to $0.0724

Sell between: $0.0763 to $0.0805

Stop loss:
The maximum extent of potential reversal zone to $0.0724 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 11% and a loss possibility is 3.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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