IOTX had increased almost 40% since its fall (along with BTC) on 13th June.
It has shown some signs of weakness, mainly the decreasing volumn as price rises.
On 4H TF, its has broken the trendline. The so did the RSI.
Retest of trendline is possible before going down again.
As usual, some proposed resistance and targets are in chart.
It has shown some signs of weakness, mainly the decreasing volumn as price rises.
On 4H TF, its has broken the trendline. The so did the RSI.
Retest of trendline is possible before going down again.
As usual, some proposed resistance and targets are in chart.
Trade active
TP 1 $27.5 and TP2 $26.5 were reachedTrade active
TP3 $0.26 was hitTrade active
TP4 $0.25 was done
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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.
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.