The Bulls couldn't close IOTA above a major resistance of $0.1877. If we find support on the top trendline then there may be a chance to challenge the resistance again and take this coin to $0.22 as the first target. BITCOIN price and the next day candle for IOTA will tell us where this coin is heading. RSI is not overbought which supports upward movement.
Note
IOTA seems to have found support on the trendline and with good volume, this may take us to challenge our first target at $0.22.Note
Support holding steady.Trade active
First target reached.Trade closed: target reached
Major target reached!
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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.