$IOPBTC Possible Continuation of uptrend high% profit potential.
Former supernova, it broke a downtrend a while back, made a small correction and is now in a griding uptrend. Currently using the 13 EMA as support. It's at a resistance level right now but if we could get a close above the blue line (.00063776ish) that would be a really good sign in my opinion. It's also above the bearish cloud and bullish cloud is coming. It's needing to make a decision soon and I believe that decision would be bullish given the drawing you see before you. I think a good entry would be after a close above the dark blue line of resistance.
My goals:
I always like to sell half of my position around 10% profit depending on how it moves, I'm a believer in locking in profits while you have them.
My end target would be to sell most of my position before that dark blue line at the top (0.0013). It has potential to do more.
Stop loss would be below the purple trend line
Happy trading and best of luck to all of you!
My goals:
I always like to sell half of my position around 10% profit depending on how it moves, I'm a believer in locking in profits while you have them.
My end target would be to sell most of my position before that dark blue line at the top (0.0013). It has potential to do more.
Stop loss would be below the purple trend line
Happy trading and best of luck to all of you!
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