I'll keep it simple: IOTX has broken above some the 20/50 4-hour MA's and is within a bullish ascending triangle. Setup looks good; but will need a break above 142-144 for better confirmation. I am looking at a target around 165-170. SL below the 4-hour moving averages and below the rising line of support.
Moving average guide (all 4-hour for this post):
20 MA in Pink.
50 MA in Green.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Moving average guide (all 4-hour for this post):
20 MA in Pink.
50 MA in Green.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FTX US: ftx.us/
Sign up for Binance US here: binance.us/?ref=35000668
Sign up for Binance US here: binance.us/?ref=35000668
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.