Ambassadorj

4H IOTXUSD Coinbase: Looking very interesting!

Ambassadorj Updated   
COINBASE:IOTXUSD   IoTeX (ERC-20)
As above.

Approaching strong top resistance line again in this down channel since 13th of November and testing support of 0/21 to 0.23 range again.

Volume low thought.

Overall, large descending triangle since ATH that contains a falling wedge or flag or whatever with a pole running from 0.15 to 0.44???

Watch for potential breakout up in red circle areas if hold support and continues sideways.

Worst case scenario is that we continue down trend with drop to 0.16.

Need to see increase in volume and would really like BTCD to continue to fall below 42 for decent ALT rally.

Will follow.

Good luck traders.

Comment:
The Suspense Is Terrible. I Hope It Will Last.
Comment:
Ok. found local support. Need some volume!!! Lets go IOTXUSD. Pump b$tches!!
Comment:
Running out of circle!
Comment:
Trading sideways with decent support above 0.18 so far while BTCD continues to drop. Still looking like interesting set up to me. I will be patient on this one.
Comment:
Nice! Volume has more than doubled today but needs to break 0.23 resistance and then up and onward.
Comment:
Well BTC dump killed ALTs again! Only hope is BTCD continues to tank...
Comment:
Headed BLUE!
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