IOTX has great Volume and % Change today.
Golden Pocket of Fibonacci Retracement from January 24th is coming up, and I'm expecting a mild retracement into the 0.5 Fib level. This is only valid IF IOTX decisively bounces off of the Golden Pocket, or better yet, retests the Golden Pocket and heads towards 0.5 Fib level.
Long Target #1 = ~0.07177 (0.5 Fibonacci Retracement level)
Keep in mind that IOTX is in a Weak descending channel, there's always a chance that it'll break below the Golden Pocket.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas , Please like/comment , It means a lot, Thank You! ❤️
IOTXUSD
IOTXUSDT
$BYBIT:IOTXUSDT
Golden Pocket of Fibonacci Retracement from January 24th is coming up, and I'm expecting a mild retracement into the 0.5 Fib level. This is only valid IF IOTX decisively bounces off of the Golden Pocket, or better yet, retests the Golden Pocket and heads towards 0.5 Fib level.
Long Target #1 = ~0.07177 (0.5 Fibonacci Retracement level)
Keep in mind that IOTX is in a Weak descending channel, there's always a chance that it'll break below the Golden Pocket.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas , Please like/comment , It means a lot, Thank You! ❤️
IOTXUSDIOTXUSDT$BYBIT:IOTXUSDT
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