ForecastCity_ME

💡Don't miss the great buy opportunity in IOTXUSDT

Long
BINANCE:IOTXUSDT   IoTeX / TetherUS
Midterm forecast:
0.057000 is major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:
While the RSI support #1 at 49 is not broken, the probability of price decrease would be too low.
A trough is formed in daily chart at 0.068550 on 08/26/2021, so more gains to resistance(s) 0.085500, 0.099000, 0.117500 and more heights is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 64.

Take Profits:
TP1= @ 0.099000
TP2= @ 0.117500
TP3= @ 0.150000
TP4= @ 0.170000
TP5= @ 0.196300

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