borrisb

Iota support and resistance.

Short
BITFINEX:IOTUSD   IOTA
Iota is currently sitting below $2 USD which will prove to be a crucial level in the days ahead.

The downtrend remains intact as long as IOTA is below $2. If price can break through $2, retest $2 and then continue up to $3 then the downtrend has been reversed and a bull run has likely started.

Iota respects the big round numbers like $2 $3 and $4 so which ever way it moves look for bounces off these levels.

SUPPORT LEVELS $1.60 $1.20 $1.00

RESISTANCE LEVELS $2.00 $2.15 $2.60 $3.00 $4.00
https://buycryptoaus.com/what-is-iota/
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