Just like the overwhelming majority of cryptos, IOTX has seen a strong bearish move lately. However, it appears that IOTX has found some support at the lower trend line of the channel, for now at least.
With BTC not seeing a lot of bullish price action at the moment, alts are not really reversing yet, apart from a select few.
Before taking this trade I adivise to wait patiently for BTC to reverse with some confidence, higher highs and higher lows for example.
Happy trading!
With BTC not seeing a lot of bullish price action at the moment, alts are not really reversing yet, apart from a select few.
Before taking this trade I adivise to wait patiently for BTC to reverse with some confidence, higher highs and higher lows for example.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.