💎Technical Analysis Summary💎
-IOTX is now trading at key level of support on the weekly chart
-There is sign of Bullish reation on this key area
-So technically, it is not yet a good buy signal
-Once the candle weekly candle closes
-Zoom in on the 1 day chart and wait for any reversal signs
-With this, you can reduce the risk and have a perfect...
50-55sts is the start point of the last rally of IOTX and now we can see a quick pump on it. So this zone is quite good for us to buy in.
Targets should be 65sts and 80sts, these levels are very important and these levels refused IOTX in October, so it will get some selling pressure in these levels.
The lower support is 45-46sts that we will trust in.
This coin has been in accumulation period for so long and now it seems ready to go ballistic!
The bigger patterns shows a hemisphere which the candles like to french kiss every once in a while.
You could potentially look for a buy in two steps: the black and then the red continuous , stop loss at daily candle close below the green line.
This TA is for mid- to...
so grateful that can make 40% in just 1 week. 🤑🤑🤑
The accuracy of my analysis about IOTX/BTC is 100
Target 1 : 86 ✅
Target 2 : 103 ✅
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Crossing over ~90 sats level w/ potential R/S flip on the 12H...
Also DEX coming on the following days that could drive some traction..
Aim for an entry at support level w/ a proper SL just in case...
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IOTXBTC is trying to have a weekly breakout.
If the price will break the weekly resistance we can see a nice impulse.
According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h...