$IRYS Short-term rally review:
1) 5-minute gain: +2.75%; current price: 0.02304; 24-hour change: +76.55%.
2) The 24-hour high of 0.0242 is the nearest resistance; avoid chasing too aggressively before a breakout.
3) 24-hour trading volume: $233 million. The rally is more credible if accompanied by sustained increases in volume; be wary of a pullback if prices rise on declining volume.
Conclusion: The trend is upward, but don't chase a long bullish candle. It’s better to wait and see whether the price holds on a pullback.
Describe your current view in one word?
#IRYS
1) 5-minute gain: +2.75%; current price: 0.02304; 24-hour change: +76.55%.
2) The 24-hour high of 0.0242 is the nearest resistance; avoid chasing too aggressively before a breakout.
3) 24-hour trading volume: $233 million. The rally is more credible if accompanied by sustained increases in volume; be wary of a pullback if prices rise on declining volume.
Conclusion: The trend is upward, but don't chase a long bullish candle. It’s better to wait and see whether the price holds on a pullback.
Describe your current view in one word?
#IRYS