IoTex (IOTX) Bullish Beak! [UPDATE]
Updated
I am really happy to see IoTex (IOTXBTC) deciding to break bullish since I bought another bag just recently... It is always fun to see prices move shortly after buying.
Here is the same chart drawing shared on the 2nd of July.
Pretty clear, very simple... All the targets are clearly marked.
IOTXBTC Chart Analysis/Signals
We have prices moving above all the MAs/EMAs on low volume...
Since the cycle is bullish, the low volume can be taken as a continuation signal, meaning that we can see additional growth.
Closing daily above 74 satoshis (0.00000074), would signal additional strength and tells us that our next target is getting close.
Let's see how it goes, we are aiming for a higher high on this new wave.
This is not financial advice.
This chart analysis is not meant for you to trade.
Remember to do your own research and have your own plan/strategy before you trade.
Namaste.
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Previous chart | July 2
IoTeX (IOTX) Prints Strong Consolidation
Here is the same chart drawing shared on the 2nd of July.
Pretty clear, very simple... All the targets are clearly marked.
IOTXBTC Chart Analysis/Signals
We have prices moving above all the MAs/EMAs on low volume...
Since the cycle is bullish, the low volume can be taken as a continuation signal, meaning that we can see additional growth.
Closing daily above 74 satoshis (0.00000074), would signal additional strength and tells us that our next target is getting close.
Let's see how it goes, we are aiming for a higher high on this new wave.
This is not financial advice.
This chart analysis is not meant for you to trade.
Remember to do your own research and have your own plan/strategy before you trade.
Namaste.
---
Previous chart | July 2
IoTeX (IOTX) Prints Strong Consolidation
Comment
Bullish potential remains intact... There is room for more growth.Namaste.
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