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IOTUSD Price Action

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Hello traders, Here I have checked the 4H chart !


The price has had a correction move

after a long time peaceful,

I predicted in my previous analysis and

we got the price action!

After the short correction

the price is ready for a new up wave.

Since price has hit a fibo support(618%) ,

there has been signals of downtrend slowing .

The candlesticks are showing the beginnings of

a change of command from bears to the bulls.

I believe that price has found a true bottom.

I am expecting an up move up to begin, to reach

target of at least 4.3.

If price successfully breaks pressure level at 4.3,

price could extend further to the highs.

I will be updating this analysis if it exceeds 30 likes.
הערה
תמונת-בזק
הערה
+10%
הערה
תמונת-בזק
הערה
4.00 break
הערה
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Chart PatternsHarmonic PatternsTrend Analysis

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