IoTeX (IOTX) Over 125% Easy, Support Found

IoTeX (IOTXBTC) just bounced off the 0.786 Fib. retracement support relative to the last bullish wave.

We have a very strong falling wedge, now breaking out bullish with the MACD and RSI starting to curve.

Here is a closer look at the MACD:

- We can see a bullish cross.
- The histogram going green.
- The MACD line curving up.

The next target is marked on the chart.

This is not financial advice.
Make sure you do your own research and build a plan/strategy before you decide to trade.

This is Alan Masters.

Namaste.