IOTA not make assumptions (or puns)
It looks like IOTA is possibly working on a cup and handle formation. It looks like it is forming the handle.
If it can break out above $1.75 or so, I believe it will eventually land at around the $2.20- $2.25 mark.
Constructive criticisms and critiques welcome.
Happy and prosperous trading!!
If it can break out above $1.75 or so, I believe it will eventually land at around the $2.20- $2.25 mark.
Constructive criticisms and critiques welcome.
Happy and prosperous trading!!
Note
This formation obviously failed to breakout. I believe that it will still hit that goal when it begins it's upward trek again.
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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.