. There is a possibility of temporary retracement to suggested support line (0.000021). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. IOTABTC is in a range bound and the beginning of uptrend is expected.
. While the resistance #1 at 53 is not broken, the probability of price increase would be too low.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 37.
TP1= @ 0.0000262
TP2= @ 0.0000310
TP3= @ 0.0000400
SL= Break below S2