ION Looking at a long Position on the 78.6
IONBTC looking strong as it holds at the 76.8 But facing strong resistance at the 61.8 which was also used in the precious move as a strong level.
-RSI looks to be consolidating.
-MACD made a cross but could be for a short try at the 61.8% Fib level for a 12.82% gain to a 4.19% loss at a 3:1 risk to reward
-Key levels moving up are the 38.2 and 23.6 as extended targets.
-Or it just keep consolidating past the triangle.
Good Night.
-RSI looks to be consolidating.
-MACD made a cross but could be for a short try at the 61.8% Fib level for a 12.82% gain to a 4.19% loss at a 3:1 risk to reward
-Key levels moving up are the 38.2 and 23.6 as extended targets.
-Or it just keep consolidating past the triangle.
Good Night.
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