price declining sharply for a long time. but rsi has positive mismatch. also long/short ratio almost %80 and volume raised in last days. opening long position can give us vey good profit.
entry : 49
stop : 44
tp : depends on you until 78
1. MACD histogram showing the bearish divergence.
2.Also the the candle are touching the weekly resistance level. They are going to retrace from there and going to test the daily support at 69. and it breaks 69 we may test 58 daily zone.
3.IOTX has to find a strong support in order to continue the upward trend.
4. Candles have reached the upper layer of Bollinger...
IOTX has a Mainnet launch coming up tomorrow and price looks like its gonna blast through the 68 sat resistance. It's a good buy for a good profit.
IOTXBTC Target 125 sats.
