IOTX/BTChello guys
This is a new coin on binance. (EXTREMELY RISK-FULL)
This is what I think can happen.
As this is a low timeframe things can go bad very fast so don't forget to manage you risk the most important aspect to become a pro trader.
If we can assume this was the 2nd wave down and we found support at the golden ratio we only can expect that the 3rd wave is in play.
MY target is around 1300 sats and stop is a little below 850 (you can choose)
R:R 10
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good luck !!
DISCLAIMER:
The Legal stuff - I'm not financial adviser.
