after reduction of supply IQ shows bullish sign. but because of BTC crash and absconding BTC.D, IQ couldn't touch the upper leg of triangle at daily chart and rejected from resistance price at 0.011$. but IQ still is bullish because of fundamental and technical. i hop IQ can break power full resistance price at 0.011$ and then we will at least touch the upper leg...
after touched the bottom of rising channel now the price must rise to top of the channel. almost 52cent RSI is around 50 Stoch RSI is on bottom MACD can revers. So conclusion is that price can touch 47 cent again and if the pressure be high could touch the top of the rising channel