After a long fall, IOTA is now in its heaviest price zone. sellers broke down the trend line and now passes its test buyers. After such a strong fall, we need a consolidation and a price zone test that has stopped the fall.
I have two scenarios, from where a strong upward movement can begin.
The first scenario is from a price range of $ 0.41-0.43.
The second scenario is $ 0.35-0.37. It was from there that the previous upward movement began in November 2017. So now, I'll keep track of whether the buyers will keep price zones, whether there are still volumes for sellers to continue to fall, whether buyers will return the price above the trend line and whether the willingness of traders to buy this coin.
If the forecast is correct, the global target is $ 1.
If buyers do not keep $ 0.35-0.37. I'll forget to buy this coin for a while.