IOTX 1h bullish setup Hello guys
As it did hold 596 I'm looking for a bull break of this 1h EQ.
imo this has a potential to break up, we'll have to wait for conformation.
If this breaks bearish, 596 is the support to watch after that the support is 550
If you want to be more risky you can enter and set a stop below 636, but I'll wait for conformation just to be on the safe side.
1st target 710
2nd target 760 range
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tipjar: btc 1.77% 1.66% 17wEgVDCLGHjU7T9HRvaYdESopUeeDXJBY
Iotex
IOTX/BTChello guys
This is a new coin on binance. (EXTREMELY RISK-FULL)
This is what I think can happen.
As this is a low timeframe things can go bad very fast so don't forget to manage you risk the most important aspect to become a pro trader.
If we can assume this was the 2nd wave down and we found support at the golden ratio we only can expect that the 3rd wave is in play.
MY target is around 1300 sats and stop is a little below 850 (you can choose)
R:R 10
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DISCLAIMER:
The Legal stuff - I'm not financial adviser.