IOTA Trend Analysis Speculation
Updated
I believe Iota is in the middle of a wedge, if it can't break resistance it will fall through the support level to the critical retracement level.
In my opinion, it will break the resistance because of the trend line, also Iota has over 11billion market cap.
However, if it happens to not break and falls through a good buy in time would be on the critical retracement level.
In my opinion, it will break the resistance because of the trend line, also Iota has over 11billion market cap.
However, if it happens to not break and falls through a good buy in time would be on the critical retracement level.
Trade active
So far so good!
Trade active
Note
So far the old resistance became new support, holding out well!I believe the first stop is 5.60$
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.