IoTeX / TetherUS

IOTXUSDT analysis

165
Buy 1 and bull signal say we can buy. Here is my analysis:

1. We can buy when risk/reward ratio is greater than 2, we can buy at 0.0081
2. We can buy at support = 0.007usdt
3. We can buy when resistance turns to support (1D open & close above resistance) = 0.011usdt

Since there is an existing sell2 signal, either sell 1 or bear signal is required for sell decision. We must also sell if the chart goes 1D open & close below the support line.

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