IoTeX (IOTXBTC) hit a peak back in early October, went on a retrace and it has been consolidating since.
The retrace for the last bullish wave hit below 1 Fib. retracement support and now is trading at 0.786 Fib (0.00000050), this is also marked by EMA10.
If IOTXBTC can be conquered the 50-52 satoshis, EMA10 and EMA50, it can easily move higher. The next target is set at 100% of profits.
This is just a quick analysis, additional details can be found on the chart.
Make sure to have a plan/strategy if you decide to trade.
This is not financial advice.
Namaste.
The retrace for the last bullish wave hit below 1 Fib. retracement support and now is trading at 0.786 Fib (0.00000050), this is also marked by EMA10.
If IOTXBTC can be conquered the 50-52 satoshis, EMA10 and EMA50, it can easily move higher. The next target is set at 100% of profits.
This is just a quick analysis, additional details can be found on the chart.
Make sure to have a plan/strategy if you decide to trade.
This is not financial advice.
Namaste.
Nota
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🚨 FREE Quality Content + New Results
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🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.