1W IOTXUSD: Looking interesting
Mis à jour
As above...
1W chart showing bullish MACD divergence and recent breakout of descending wedge. Price action is currently testing July 2023 local highs near 0.0248.
Currently oversold on daily RSI, but if uptrend continues then 0.028 a possible next target. Would like to see volume pick up though.
I think overall looking bullish going into the end of 2023 and into 2024 and will be even more so if it breaks above 0.029.
Will follow.
Good luck traders!
1W chart showing bullish MACD divergence and recent breakout of descending wedge. Price action is currently testing July 2023 local highs near 0.0248.
Currently oversold on daily RSI, but if uptrend continues then 0.028 a possible next target. Would like to see volume pick up though.
I think overall looking bullish going into the end of 2023 and into 2024 and will be even more so if it breaks above 0.029.
Will follow.
Good luck traders!
Note
Well, price action made an attempt at breakout but rejected at top trendline of channel at 0.029, which just exceeded my 0.028 target. Will continue to follow.Note
BOOM! out it goes... broke out with nice volume....Note
Ok. Correction time...down to likely mid to low 0.02 area. Would not rule out sub 0.02 in the near future depending on strength of sell-off with local supports around 0.028, 0.024, 0.018 and 0.013....will follow.Note
wow... THIS IS A LITTLE UNEXPECTED BUT WELCOME PUMP...this coin has some big price action swings lately...anybody got news why???Note
Up up and away...let see how this plays out...
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