IOTA / BitcoinLong
IOTA Breakout Lurking...
Daily
Looking at our highest timeframe we see price has bounced off our major support zone at 18000 satoshis. Stochastic RSI showing momentum is heading towards the upside. A daily close above 20500. satoshis activates our trade by breaking our aggressive downtrend.
4Hour
Shifting over to our patter timeframe we see price forming a double bottom at 18000. Stochastic RSI showing momentum heading towards the upside, if we break and close above 20500 satoshis trade activates
Conclusion
Wait for a 4hour close above 20500 satoshis.
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