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IOTXUSD D1: 2000% gains BEST level TO...
Bullish on IOTX USD
Looking for an upwards of a 50% move to the upside
taking profits midway near 1.68 fibs
Clear double bottom on 4hr with rejection shown and VOL spike to prove it creating a new day high on 25th of sept
As you can see it has been trying to break the downward trend line on the descending (triangle) for the 3rd time.
Dmi Very bullish
IoTeX ($IOTX) is super interesting right now. It just finished being squeezed and $0.0933 may not be the local top. If the RSI keeps climbing to over-bought territory, $0.1236 isn't out of the question
IOTX is a new coin with good fundamentals but it's far behind other coins it's holding 0.618 on the daily chart has potential off 150% 200% gains until the next 2 months.
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This is a weekly chart with price currently at $0.0758. This chart clearly explains why a fall is going to take place. Price was unable to break the upper resistance trendline upward and a reversal followed.
Therefore I expect a fall by 360% to $0.021.
What do you think?
Share your opinion in the...
Volume suggests a wave 3 to $1.78 per daily and weekly chart but it's possible that we do a B wave to .127 then a C wave down after that for an ABC zig zag. Next couple days will decide ;)
IoTeX’s (IOTX) cryptocurrency price reached a new all-time high above $0.12, becoming one of the hottest digital coins this week. Currently ranking as the 99th most valuable cryptocurrency, based on data from CoinMarketCap, IoTeX has a market cap of more than $800 million and a total supply of 9.6 billion.
Pump and Dump Price Structure
Is IOTX’s trend a pump...
Of course a lot of this was based on the coinbase listing, but we have a great cup and handle formed here. Eventually we will see altcoins pumping like this for no real reason just because money will flow to small caps. Expect a lot of previous all time highs to be broken, and set longer term targets at the 161% extension. On this coin particularly, that puts us...
Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
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