Abtin00

IOTXUSDT, We are in buy zone area

Largo
BINANCE:IOTXUSDT   IoTeX / TetherUS
Hello everybody

According to the chart and previous analysis, the price is moving up in upward channel from the beginning
In last analysis we expect the price can go upwards because we have the midline support zone area but its not happening and now we are in important support of key level.
If this support lose and the price can consolidation below of it the trend can change and the bearish have more power of the market.
In this zone we can buy 1 step because it has nice R/r but put our stop below the support zone area and put our take profit like exactly our shown on chart.

Good Luck
Abtin


Previous analysis :


Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.