IoTeX / TetherUSLong
IOTX in bullish ascending triangle
IOTX has seen some significant gains the last few days. When looking at the 4H chart it looks like the price is moving within an ascending triangle.
I have already taken my position at the bottom of the retracement and will be holding until the breakout is confirmed. If the volume is high enough the price should be able to reah $0.40 which is on the 1.618 of the fibo extension.
Please note this is not financial advice but solely my view on the chart
I have already taken my position at the bottom of the retracement and will be holding until the breakout is confirmed. If the volume is high enough the price should be able to reah $0.40 which is on the 1.618 of the fibo extension.
Please note this is not financial advice but solely my view on the chart
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.