I am really happy to see IoTex (IOTXBTC) deciding to break bullish since I bought another bag just recently... It is always fun to see prices move shortly after buying.
Here is the same chart drawing shared on the 2nd of July. Pretty clear, very simple... All the targets are clearly marked.
IOTXBTC Chart Analysis/Signals
We have prices moving above all the MAs/EMAs on low volume... Since the cycle is bullish, the low volume can be taken as a continuation signal, meaning that we can see additional growth.
Closing daily above 74 satoshis (0.00000074), would signal additional strength and tells us that our next target is getting close.
Let's see how it goes, we are aiming for a higher high on this new wave.
This is not financial advice. This chart analysis is not meant for you to trade.
Remember to do your own research and have your own plan/strategy before you trade.
Namaste.
--- Previous chart | July 2 IoTeX (IOTX) Prints Strong Consolidation
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Bullish potential remains intact... There is room for more growth.
I'm short term trader
I bought at 63 . Sold at 73 .
Any need to buy again at 73?
FindTheSun
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@sumithrarai54, I'm in this loophole as well, and it's not a good practice. Just look at all alanmasters analysis and we will see all of them hit their massive targets eventually . Patience is key in this game. But you have to be careful too somehow, right??? where's the balance. ? ? ?