Hello, traders! Today, let's talk about 📊 BINANCE:IRISUSDT (IrisNet). It's currently at a crucial support zone between 0.016 and 0.018. We see signs indicating a possible turnaround, suggesting a chance for a positive breakout soon.
Support Levels and Breakout Watch:
IRISUSDT has a strong support area from 0.016 to 0.018. This stable base might lead to a...
as per the chart, since the candle just breaks the EMA 20 downward, it is going to hit 338 then 32 mentioned goals the support line will be the upward trajectory( the blue inclined line )
one the cleanest charts I've noticed.
we have to Scenarios.
1- we finished the big C wave and we are now in the bull run of the coin (confirmation line in the chart).
2- we haven't finished the Big c wave (last 5th wave of it), and we will drop further to finish the Big C wave.
Good luck
IRIS is currently trading above the 0.236 fib support of $0.1374. As long as it stays above this support, we could start seeing a move towards $0.1507, $0.1723, $0.1876, $0.2071 and $0.2635. Failure to hold this support could lead to a drop towards $0.1155 and $0.0895.
