IOTA Cup and Handle *update* 4hr
Updated
BTC still going up, but IOTA is holding Fib levels at the .382 line. Price is being supported by previous resistance levels. If it goes down past the .236 line on the Fibonacci scale then we could see a week long bear market for IOTA while the price consolidates and BTC stabilizes. IOTA is very under-bought, I want to see what happens when the RSI hits 30. But I believe we will see the handle form in the next 24 hours if it can hold this level.. Let me know your thoughts in the comments! Do you agree? Disagree? Would love critique.
Note
I believe the Handle will be in effect aorund 11PM same time as my original prediction yesterday morning. Plus IOTA has fantastic news!blog.iota.org/iota-partners-with-itic-e83f228a11d9
-"We’re happy to be able to announce that after getting Joachim Taiber as advisor to the IOTA Foundation, that we’ve now officially partnered with the International Transportation Innovation Center (ITIC), to collaborate with them to work on autonomous vehicle testbeds."
Note
IOTA moving up and trying to breakout within 33 minutes of where I had originally predicted. I purchased my long position about an hour ago.
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