Just like the overwhelming majority of cryptos, IOTX has seen a strong bearish move lately. However, it appears that IOTX has found some support at the lower trend line of the channel, for now at least.
With BTC not seeing a lot of bullish price action at the moment, alts are not really reversing yet, apart from a select few.
Before taking this trade I adivise to wait patiently for BTC to reverse with some confidence, higher highs and higher lows for example.
Happy trading!
With BTC not seeing a lot of bullish price action at the moment, alts are not really reversing yet, apart from a select few.
Before taking this trade I adivise to wait patiently for BTC to reverse with some confidence, higher highs and higher lows for example.
Happy trading!
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