On weekly chart since April 2018 the IOTBTC is falling, according to bitfinex stats the loss is almost 80 percent. Now the priceline has almost touched the bottom of a Gartley pattern which is made by the movement of price action of the coin, the RSI and stochastic are oversold.
Now there are much chances of huge breakout from the long position area.
The volume profile is also showing less interest of traders in the current zone.
Best of luck and regards,
Atif Akbar (Moon333)
Now there are much chances of huge breakout from the long position area.
The volume profile is also showing less interest of traders in the current zone.
Best of luck and regards,
Atif Akbar (Moon333)
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