IOTX has seen a major bullish move during the first two weeks of August. Since then, IOTX has bled value and dropped over 50%.
During this time, IOTX found strong support at the 0.618 Fibonacci retracement level, or $0.07 in dollar value.
Over the last two days, IOTX has seen two strong moves, potentially indicating revived investors' interest.
Main target for the current move lies at $0.10, which coincides with the 0.382 retracement level. In the longer term, I'm looking at the current ATH as a target, based at $0.15.
I LOVE this project. The coin has performed very well - but the actual utility/use of the project (business) is amazing - like ADA, VET, SOL on steroids. It has an amazing future.
Thanks for posting this - reminded me I want to buy more.
CobraVanguard
⋅
Beautiful setup mate. Thank you!
financialflagship
⋅
Awesome chart analysis, thank you! 👍
MMBTtrader
⋅
well done
Para_bolic
⋅
4H looks like a good cup and handle as well. Since we clearly still are inn a bull market im aiming for the 0.618 extension around 0.23 USD.
IOTX is rock solid funamentaly and team members are teasing for some good partnership announcments comming.
Thanks for posting this - reminded me I want to buy more.