MyCryptoParadise_Simon

IOTX/USDT Ready for a Bullish journey? πŸ‘€πŸš€ IOTX Analysis

Long
BINANCE:IOTXUSDT   IoTeX / TetherUS
πŸ’Ž Paradisers, let's shift our focus to #IOTXUSDT, as it's currently showing potential for a major move from a key demand level.

πŸ’Ž #IoTex is charting an upward path, indicating a potential bullish breakout from its current demand zone. We're expecting a retest of the demand level at $0.038, in light of the significant supply zone ahead. If #IOTX maintains its position above this level, it might initiate a rise towards the major supply zone at $0.060.

πŸ’Ž However, if #IOTX encounters challenges in holding its ground above the support, we may need to reconsider our trading strategy. In such a case, our focus could shift towards triggering a bullish movement from a lower bullish Order Block (OB).

πŸ’Ž It's imperative to monitor this level closely, as a fall below it could lead to a substantial downward trend.

πŸ’Ž Stay vigilant and ready to pivot, Paradisers. Your ParadiseTeam is dedicated to providing the latest insights and strategic outlooks, ensuring you're equipped to adeptly navigate these market changes.
Trade closed: target reached:
Just like clockwork, #IOTX is tracing our forecast, hitting that sweet 91.99% growth mark.
Comment:

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