There are already 4 charts in which I notice the constant decline of IOTA. Although it is in the beta phase, IOTA has already lost more than 70% of its value since its peak. At this moment he walks on the cornice and last level of FIBO 0.786. After making a double bottom we hope that the trend reverses or begins to lateralize since everyone is waiting for IOTA to consolidate. If it continues to fall, which is not a good sign, it will be an opportunity to buy and hold long. Very long since it is on the floor.
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.