IOTA / TetherUSLong
IOTA, Cup and handle pattern
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Never risk more than you can afford to lose.
Always DYOR.
IOTA has already made a cup pattern which is easily visible in monthly and weekly time frame.
In order to make the handle it needs to break up neckline, resistance zone ($2.10, in red) which also is its first target. It is a tough one since it is a monthly leevel.
In case IOTA can break up the aforementioned resistance level, it will surge to make the handle, then IOTA may reach up to ($20.65) which will be new and fruitful ATH.
This is personal idea and I am not a financial adviser.
Never risk more than you can afford to lose.
Always DYOR.
IOTA has already made a cup pattern which is easily visible in monthly and weekly time frame.
In order to make the handle it needs to break up neckline, resistance zone ($2.10, in red) which also is its first target. It is a tough one since it is a monthly leevel.
In case IOTA can break up the aforementioned resistance level, it will surge to make the handle, then IOTA may reach up to ($20.65) which will be new and fruitful ATH.
This is personal idea and I am not a financial adviser.
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