One of the great projects in the crypto market which show promising future. The technical analysis is straightforward; well, almost. After the previous impulse wave ended, price entered a corrective wave and now it seems finished around 0.5 Fibonacci retracement. Also, there is a consolidation zone shaped like a box or more likely a triangle in which the price has been oscillating for a while. Let see what happens after price break this consolidation zone upward.
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IOTX broke the inverted wedge pattern and did it with momentum; this indicates IOTX aiming for much higher levels. Let's see how up IOTX can go.
IOTX broke the inverted wedge pattern and did it with momentum; this indicates IOTX aiming for much higher levels. Let's see how up IOTX can go.
So, IOTX correction pattern has become clear; an inverted wedge pattern. Let's see when IOTX broke this wedge upward.