IRISUSD trade ideas
IRISNet IRISUSDT Analysis (1d) Potential Reversal AheadHello, traders! Today, let's talk about 📊 BINANCE:IRISUSDT (IrisNet). It's currently at a crucial support zone between 0.016 and 0.018. We see signs indicating a possible turnaround, suggesting a chance for a positive breakout soon.
Support Levels and Breakout Watch:
IRISUSDT has a strong support area from 0.016 to 0.018. This stable base might lead to a bullish breakout. Important support points include 0.015, 0.016, and 0.018. Keep an eye on these levels for potential market shifts.
We've identified significant levels at 0.019, 0.022, 0.027, and 0.033. These are potential targets for traders. They can help you plan your trades, indicating where the price might head next.
We've noticed a Falling Wedge pattern in the price structure. Falling Wedges often signal potential reversals or upward movements. This pattern adds weight to our analysis, suggesting a positive change might be on the horizon.
Understanding market patterns is key for traders. IRISUSDT shows hints of a reversal, creating a chance for profit. Remember, always do your research and make smart decisions when trading.
IRIS/USDas per the chart, since the candle just breaks the EMA 20 downward, it is going to hit 338 then 32 mentioned goals the support line will be the upward trajectory( the blue inclined line )
$irisone the cleanest charts I've noticed.
we have to Scenarios.
1- we finished the big C wave and we are now in the bull run of the coin (confirmation line in the chart).
2- we haven't finished the Big c wave (last 5th wave of it), and we will drop further to finish the Big C wave.
Good luck
irisnet's goalirisnet is a very strong resistance range that is very intrested in crossing BINANCE:IRISUSD
IRIS - Road to $0.2635IRIS is currently trading above the 0.236 fib support of $0.1374. As long as it stays above this support, we could start seeing a move towards $0.1507, $0.1723, $0.1876, $0.2071 and $0.2635. Failure to hold this support could lead to a drop towards $0.1155 and $0.0895.
