zorino

IOTA Symmetrical Triangle

Long
zorino Updated   
BITFINEX:IOTUSD   IOTA
The resistance line line is forming together with the uptrend line a Symmetrical Triangle. Watch closely for the price action near the resistance line. When broken, then the first target is around 7.2 $. (at 1,618 fib retracement).



Comment:
Broke the resistance line at 0.382 Fibonacci line. It looks very good
Trade active:
broke the main resistance of the triangle
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.