IoTeX / BTC / USD

A 85% correction since mid-September and oversold condition (orange columns), there now exists an ‘incredible buy’ opportunity on the above 1-day chart.

The RSI resistance trend line has been active since late August and has only recently been confirmed as support following a breakout. Currently price action finds support on the 21-day moving average during Bollinger Band constriction, which suggests a big move is coming.

1st target 80 sats / 225% from current price action.

On the 5-day dollar chart below price action is seen to have broken from major resistance whilst producing a Dragonfly DOJI candle. This is very bullish. Have scanned the entire alt-coin market traded on Binance, IoTeX is 1 of 7 USD charts showing this candle & breakout formation.

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80% more Bitcoin in 10 short days ;)

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1st target reached

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Price action came down to test the 21-week, confirmed it, and now continues uptrend.

Current return, 160%

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Price action has massively shot past target resulting in a 14x

This is a profit taking opportunity like no other, sell into strength.