💎 IOTX has undoubtedly made a significant impact on the market with its impressive ascent. It has successfully broken out of the supply area, signifying a promising development. Currently, IOTX is showing a bullish trend characterized by a series of higher lows. If this trend persists, IOTX has the potential to continue its upward movement, establishing new higher highs and potentially reaching our target supply area.
💎 However, if IOTX fails to establish a new higher high, there's a chance it may consolidate in the demand area at $0.0214, preparing for another bullish momentum.
💎 In the event that IOTX retraces to the demand area at $0.0214 and doesn't demonstrate a rebound, there's a possibility that IOTX could break through the demand level and descend to the lower demand at $0.0193. In this scenario, it becomes critical for IOTX to execute a successful bounce to reclaim the $0.0214 level if it intends to sustain its upward trajectory.
💎 If IOTX further retracts to the lower demand area and doesn't show signs of a rebound, this increases the likelihood of IOTX breaching the demand area. Such a development suggests a bearish trend and raises the possibility of IOTX continuing its descent, potentially returning to the strong support area.
💎 However, if IOTX fails to establish a new higher high, there's a chance it may consolidate in the demand area at $0.0214, preparing for another bullish momentum.
💎 In the event that IOTX retraces to the demand area at $0.0214 and doesn't demonstrate a rebound, there's a possibility that IOTX could break through the demand level and descend to the lower demand at $0.0193. In this scenario, it becomes critical for IOTX to execute a successful bounce to reclaim the $0.0214 level if it intends to sustain its upward trajectory.
💎 If IOTX further retracts to the lower demand area and doesn't show signs of a rebound, this increases the likelihood of IOTX breaching the demand area. Such a development suggests a bearish trend and raises the possibility of IOTX continuing its descent, potentially returning to the strong support area.
Nota
Just like clockwork, #IOTX is tracing our forecast, hitting that sweet 129.16% growth mark.
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.
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.