IOTX - 4H Outlook
We are now see the IOTX
consolidating on the support area which is hold the price since 3 January 2023 (its about 129 day before), current support are marked as discounted zone, weaklow,
if we draw the trendline, IOTX running 129D big consolidation and forming descending triangle, but inside the triangle the price action creating curve shape, which is a sign of liquidity has builded to make one more time 1 leg down to the fifth wave before continue to rally.
the area that need to be watched is
Current Support :
*0,02085
*0.01657 (half of big fundzone marking)
Resistance 4h:
*0.02353
*0.02650
Which is might be it could be the area who give some big movement to the IOTX Price.
consolidating on the support area which is hold the price since 3 January 2023 (its about 129 day before), current support are marked as discounted zone, weaklow,
if we draw the trendline, IOTX running 129D big consolidation and forming descending triangle, but inside the triangle the price action creating curve shape, which is a sign of liquidity has builded to make one more time 1 leg down to the fifth wave before continue to rally.
the area that need to be watched is
Current Support :
*0,02085
*0.01657 (half of big fundzone marking)
Resistance 4h:
*0.02353
*0.02650
Which is might be it could be the area who give some big movement to the IOTX Price.
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