IOTX has seen a major bullish move during the first two weeks of August. Since then, IOTX has bled value and dropped over 50%.
During this time, IOTX found strong support at the 0.618 Fibonacci retracement level, or $0.07 in dollar value.
Over the last two days, IOTX has seen two strong moves, potentially indicating revived investors' interest.
Main target for the current move lies at $0.10, which coincides with the 0.382 retracement level. In the longer term, I'm looking at the current ATH as a target, based at $0.15.
Happy trading!
During this time, IOTX found strong support at the 0.618 Fibonacci retracement level, or $0.07 in dollar value.
Over the last two days, IOTX has seen two strong moves, potentially indicating revived investors' interest.
Main target for the current move lies at $0.10, which coincides with the 0.382 retracement level. In the longer term, I'm looking at the current ATH as a target, based at $0.15.
Happy trading!
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