$IOTX Although the big target will not change, the small fluctuations in the process can also be used to make waves. My experience is to judge based on the bullish or bearish trend of the macd column of 1 hour or shorter time period. Judging from the current iotx 1 hour macd column, it is obviously in the rising stage. You can hold the currency and wait for the rise. When a bearish macd appears and there is a divergence, you can partially stop profit.
The indication of the 5-minute ema12 on short-term trends: 1. A slope of the tangent line exceeding 45 degrees indicates the rise or fall of wave 1 or wave 3, suitable for participation. 2. A slope of the tangent line between positive and negative 45 degrees indicates the consolidation of wave 2 or wave 4, suitable for observation and waiting.
The 4-hour channel line support, plus multiple divergences, especially standing above the 4-hour EMA12 are necessary conditions for entering a long position!