A few days ago, when IO was trading at 2.9, the 6H KDJ oscillator was suggesting a slump down to the 2.3 zone. So I wrote about it. (see image below)
Guess what? It played out and IO is now trading at 2.23. As I've said long time ago KDJ oscillator works 99.99% of the time.
Fortunately for this token, the KDJ 3.1 bounce back is still valid. This zone is like a string that will pull the price up, until it reaches the 3.1 target.
So if you'd still like to trade this token, the best entry is the 2.3 KDJ dive down target or somewhere below it. If you decide to jump in, be warned that this token has to topple down lots of KDJ resistance on its way up. It will be moving in wild zigzag patterns, there'll be lots of dips and retracement comming. So just take every profit. 😁
Oh, if you've been reading my post and has found it helpful, please FOLLOW.
And if you're still looking for a safe, low cap, x1000 token checkout PITBULL.
For your reference, my old post below.
