After a long fall, which lasted almost 9 months, in my opinion, this coin has completed the correction. I urge that at the price of 0.4 the last correction wave C was completed, which in its length and duration is similar to the wave A.
Almost 2 months the price is consolidated in the range of 0.5-0.6 $. A triangle formed, which in my opinion should shake up. In...
Here RSI is at a critical level near 47-48 range. If it sustains we can see the starting of wave 3.
IF that level breaks and BTC remains unstable, level 40 on RSI could be seen as a support.
Hope that this level sustains and we can see a pullback.
NOTE - 1.This is not an investment advice, its just for knowledge purpose.
2. Any suggestions or idea...
Hi guys,
There is an across the board alt coin appreciation and among the many coins which benefited, one is IOT. Yesterday, it broke above resistance trend line and closed above resistance at $0.50. With a stochastics buy signal and above average volumes, IOT bulls should find this formation as a perfect opportunity to go long and aim $0.65-$0.70. We wait to see...
