pure_1111

IOP Bounce or death?

Long
BITTREX:IOPBTC   None
I'm seeing good potential for a bounce here as a falling wedge builds with a decent amount of support around the 50k level to bounce off of. If we fail to hold support at that level we could be in for a big fall and a likely trend downward. Waiting for a slight bounce to confirm entry but something to keep an eye on!
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