Here we see a classic case of Wyckoff Double Bottom Accumulation. I expect IOTA to linger in between 24-27 cents in the coming week(s). When the double bottom confirms it can exit upward.
If a daily closes below purple lines, watch out for death scenarios.
If a daily closes below purple lines, watch out for death scenarios.
Note
Still holding what I perceive of the lower boundary.
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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.