IOTA
Long

IOTA - A year of accumulation coming to an end?

Updated
IOTA has been following the upper trendline forever, now the price range is getting pretty tight.
IOTA is currently undergoing significant changes on the entire protocol ("Coordicide"). It has a very active community and the IOTA Foundation managed to make a lot of partnerships in the last year.
It is also interesting how the vision of the IOTA Foundation is quite different than for most cryptos (M2M Economy), which places it in a fast growing IoT / IoP-space.
Trendlines, resistance lines and fib levels are shown. Note how the volatility is heating up. Have fun :)
Note
Ok even though there was a terrible breakout to the downside, we might have transformed into somewhat of a falling wedge with a adam and eve bottom. Lets hope for the best lol
snapshot
Beyond Technical AnalysisChart PatternsTrend Analysis

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