After this downtred, IOTA starts to show an up signal.
We have an expansion range from the mode, that show us a strong movement.
The trend line was breaked, and the time just expired as well.
Moreover we are touching the low volume zone!
This is a good entry, but it is necessary to monitor if this range expansion will be breaked next 3 days. If we have new lows instead of news highs, it is a signal that the range expansion will not be breaked.
We have an expansion range from the mode, that show us a strong movement.
The trend line was breaked, and the time just expired as well.
Moreover we are touching the low volume zone!
This is a good entry, but it is necessary to monitor if this range expansion will be breaked next 3 days. If we have new lows instead of news highs, it is a signal that the range expansion will not be breaked.
May take some more time to react.