The Long Investor
patreon
$IREN
🕑 Added 2025-01-31 12:49:31 +0000 UTCSeeing a lot of nervous comments towards $IREN over the last few days and they were very similar to what I saw directed at $JASMY
But we need to remember what to look for when we get concerned
And that is always to find where the support level is
And in this case, the 200 Day MA aligned with the 0.618 Fib perfectly at $9.80
So just like $JASMY, once support is behaving, there is no need to stress
Structure has maintained, impulse count is still valid and like all good structures, a retest to a very strong confluence level is always encouraged as this is usually a good entry point and buy signal.
So if $9.80 continues to hold, you have your buy signal.
