Long
Updated

Symmetrical triangle on IOT/ETH

220
We have an upward trend with a descending resistance line and an ascending support line forming a symmetrical triangle pattern.
We can expect a breakout as it gets closer to the apex. Wait for confirmation of the breakout!!

IOTA is trending and is a solid technological revolution. It was recently plagues by a lot of FUD (Fear Uncertainty & Doubt) articles complaining that the partnerships aren't real partnerships etc.
Now we got the news a BOSH venture capitalist group is funding this project.
IMHO this is ready for another take-off despite the rising ETH price :-)

This is no financial advice, follow at your own risk

forbes.com/sites/montymunford/2017/12/19/robert-bosch-venture-capital-makes-first-investment-in-distributed-ledger-technology/
Note
not even a bitcoin fear sell to 10K is deviating IOTA from its track. This is looking really good. Congrats to those who bought in the dip!
Trade active
inverse head and shoulders in On-Balance Volume indicator
snapshot
Trade closed: target reached

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