🔥 IOTX/USDT Bullish Channel Trade
As seen on the chart, IOTX has been following this channel for almost a month now. At the moment, IOTX is facing a small bearish correction to the lower support line of the channel. If the price were to bounce from the support line yet again, it could be a potentially amazing buy in area for short term investors to trade the channel.
To trade this, wait for the price to enter the yellow marked area and wait for a big bullish candle. This marks the start for a bullish trend reversal.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
To trade this, wait for the price to enter the yellow marked area and wait for a big bullish candle. This marks the start for a bullish trend reversal.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.