IOTX has increased by 650.27% cumulatively, and this increase can be divided into three phases:
1. Strong rise turning bullish: Increased by 419.92%.
2. Quick breakout after consolidation: Increased by 111.11%.
3. At the end of the strong rise, looking for a fated person: Increased by 87.05%.
Using EMA20 and EMA50 as references, IOTX has shown multiple obvious buying opportunities during the rise, and there are no abnormal wicks.
Currently, the EMA moving averages for IOTX at the daily level are once again showing a bullish arrangement, with two key resistance levels at $0.0610 and $0.0650.
This cryptocurrency can only be traded in spot markets, taking profits from trend movements, avoid messing with contracts.
