Despite btc roll over we are VERY bullish on iotxMachinefi.com timer runs out tomorrow and we find out what iotx will be doing with the metaverse. Despite btc rolling over hard we were almost up 15% at one point. Such a good sign. Hodl strong my friends this one will take us there. Just have patience. Who's staking their coins and who's staying liquid and trading?? Let me know in the comments.
IOTXUSDT trade ideas
IOTX in bullish ascending triangleIOTX has seen some significant gains the last few days. When looking at the 4H chart it looks like the price is moving within an ascending triangle.
I have already taken my position at the bottom of the retracement and will be holding until the breakout is confirmed. If the volume is high enough the price should be able to reah $0.40 which is on the 1.618 of the fibo extension.
Please note this is not financial advice but solely my view on the chart
A target of 2.9$ /3% for the 14th of Nov would be absurd, right?IOTX is on fire. having clear Fib Movements and corrections.
Now, this would point to a 3rd wave that would push the price up to the level of 3$.
Analytically, it makes sence. Logically... IOTX is already the biggest weekly and daily gainer.
Can it go that high though?
IOTX completed an a'la carte ABC correction - Ready for Wave 2After hitting both A and C targets and a period of consolidation, IOTXUSD is ready for it's next wave.
RSI at Low. MACD starting to go in the greens. Stoch Low.
Approch with caution.
A realistic conservative first target would be of 0.38.
Short short ๐จ๐จ๐จ๐จ iotxIotex short is coming after breakout it made all time high in a row 4h chart after retuching 22 level it came to 19 and tried several time to breakout and now it's over bout.
In one day time frame it made all time high plus 120% pips now close long and open shorts now.
short now: 20/ 21 ....
Targets ๐ฏ 19/ 18/ 17/ 16 ..... 10
Lev/ 5X max long term and short term targets