Stewdamus' Chart Analysis & Trade Alerts

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TRADE ALERT

www.stewdam.us

TRADE ALERT

#IOTX #IOTXUSD #IOTXUSDC #IOTXUSDT

stewdamus
Aug 10, 2022
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TRADE ALERT

www.stewdam.us

Traders,

With a potential of up to 94% profit to my final target (of course, I will take profits along the way), I have chosen to enter IOTX here.

Positives: Breaking to the topside of a long-trending bullish descending wedge that started in Nov. 2021. Also, above the 50 which is curving up. And the RSI is at a reasonable level.

Negatives: Still has to beat that 100 day.

Targets: .052, .067, 200 day, .08

Stop out: Previous low .027

Risk/Reward: 2.77

I will update the spreadsheet later this afternoon.

https://www.tradingview.com/x/WIYBlFL2/

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TRADE ALERT

www.stewdam.us
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