Welcome to this Quick Altcoin Setup. IRIS hit the bottom around 270 sats and bounced. I have seen some strong buying activity in the last few days showing the signs of accumulation. If the next few candle closes above 21D MA it is highly likely that we can see a rally towards 360 level first and then all the way to 400 sats. ENTRY : 285 TO 295 Targets...
💎Technical Analysis Summary💎 HUOBI: IRISBTC -IRIS broke bearish a few days ago from its local support area -It is now trading at its daily swing low support zone -This is crucial, and it must hold to protect the mid-term bullish move -If IRIS can maintain this area, there is a chance we could see a bounce up reaction -I'm not recommending to buy at the current...
💎Technical Analysis Summary💎 BINANCE: IRISBTC -IRIS is forming a potential symmetrical triangle pattern -This will either break to the upside or downside -But if we will consider the market trend -It is simply on the downward bias -So the chances it will go lower is much higher -This is only a probabilities not certainties -Please always exercise proper risk...
BINANCE: IRISBTC -The price is now approaching two key areas of support -The zone between 668-604 sat are previously resistance before IRIS strong uptrend -Two possible scenarios for IRIS, #1 is to test the closes support and bounce back up to 800 sat range -Or come down much lower at 600 sat major support but bounce weaker around 700 sat area -Either of these...
IRIS/BTC -IRISnet painted its 1st Lowe High which is a sign of weakness -We can also see a Bearish trendline resistance rejecting the price -It is likely to retest the support area around 90,000 sat range -The 200MA dynamic support is approaching the price -The question now is, can we see another strong bounce reaction at support? -If not, it will breakdown and...
IRIS/BTC -Since the Cross Ultimate indicator flashes Buy signal priority -The price has increased over 600% from 13k sat area -Just a few minutes ago, our VIP members entered the breakout confirmation -All our take profit exit has been hit -I do not recommend to buy at current market price -Please wait for a pullback at previous resistance or wait for...