In this 30min chart, you can see that we have already broke the decending triangle formation. It also seems as if this is a cup-handle formation as well. However, if it breaks the support line of .006650, then it is a clear sell. This is not financial advise. DYOR ;)
As you can see in the chart, IoTeX is stuck in a Descending Triangle Formation and a breakout either Up or Down is imminent. There is a known resistance at the 250ish levels, which we must break for bullish reversal. This breakout should occur within a week, so patience will be rewarded!
Sincerely,
TP
