IOTX since its huge recent bullish move is cooling off and consolidating in the form of this large bullish pennant, there is still a lot of room inside the pattern to play out yet but we will be looking to load up on longs at the support of the ascending trendline of the pennant, only if we see correct confirmations.
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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.