IOTX find support above daily 30EMA and Fibonacci 0.786 level. Next main target for the coin is near 0.29 USD. We can expect a bullish movement to that level.
TA factors:
1- Stochastic oversold;
2- RSI is near bullish support.
NUMEROUS BULLISH INDICATIONS:
1. NEAR BREAKOUT
2. SUPER LONG RUNNING BULL DIV
3. CYPHER PATTERN JUST LIKE MY ERD/USD chart that's done 3 to 4x since I charted
4. Falling wedge which is technically a bullish pattern
Best way to play it would be to buy upon breakout and possible retest of current resistance line which should then act as support.
I AM NOT A...
It have just retest January All-time-low, for a very short time.
New coin with high potential short, medium and long term. Recent Chainlink partnership anounncenment (see twitter.com)
Very good risk/reward potential.
