IOTA is forming a bullish ascending triangle and a symmetrical triangle on the RSI. These triangle indicate that a big price move is happening soon. Almost every other cryptocurrency has exploded, and now it's IOTA's turn. Also, due to the same reason, we know that the triangle will break upwards instead of breaking downwards.
Note
Interesting... the triangle broke downwards...
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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.