IOTXUSD COINBASE 1D: True to long term support line
As above.
Long term support trendline remains intact from COINBASE listing around Aug 2021.
Latest bounce at mid to upper 0.8 price level on 1D chart with MACD slowly trending up since 12/2021. MACD close to crossover again with trajectory likely going above zero line soon if uptrend continues and probable pump in price action. Resistance at 0.15 and 0.18 next.
Will follow.
Good luck traders!
Long term support trendline remains intact from COINBASE listing around Aug 2021.
Latest bounce at mid to upper 0.8 price level on 1D chart with MACD slowly trending up since 12/2021. MACD close to crossover again with trajectory likely going above zero line soon if uptrend continues and probable pump in price action. Resistance at 0.15 and 0.18 next.
Will follow.
Good luck traders!
Comment:
Just like Johnny Cash... I walk the LINE.
Comment:
Humpty dumpty!!!! Back to the future.........No volume and no momentum. IOTX missed the boat.
Comment:
Nasty bearish market! Broke long term support trendline.