I take on IOTA is that it's in a descending triangle. There have been several rebounds, yet the last one didn't even touch the resistance. Today, IOTA is seeing a small jump. In my opinion, this is a technical rebound (see indicators) from oversold conditions.
I think it's likely that IOTA will break down the support to test the original trendlines before craziness began.
2.6 & 1.9 are two possible entry levels.
I think it's likely that IOTA will break down the support to test the original trendlines before craziness began.
2.6 & 1.9 are two possible entry levels.
Nota
Strong breakout. It's not going to the levels I predicted again. Some resistance at the previous ATH. It's way overbought but that's not enough reason for IOTA to fall. Short-term it can really go both ways.Buy on breakout and hold. This one has a bright future.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.