If IOTA continues to retrace and holds the rounded structure putting in higher lows, while allowing the stochastic to reset and RSI to bounce off 50 level we may see it test the upper supply zone.
Note
Classic fake out under the rounded support, then reclaimed and so far IOTA has launch since this call. Into a a clear marked resistance block so watch for these levels to be claimed as support.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.