t80260

IOTX as of now bearish short term at least

BINANCE:IOTXBTC   IoTeX / Bitcoin
hello guys

We are still in a no trade zone for me personally.

I took a a look at coinmarketcap to gain more info and got it.

So at 420 sats 0.45% we broke out and then we consolidated for a few hours after that we broke out again and met resistance at 1170 that's the wick but closed at 932 range.

if we can stay above 710 and go sideways for a while that will show some strength that the bulls may be have some power to take this higher again.

What I expect is to break down and buy in cheaper at 550 if we get there of course.

As of right now bearish if we can't hold 710 what I'm expecting not to hold.
If we do great I'll happily buy the break out at 756.



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The Legal stuff - I'm not financial adviser.
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