A no Brainer....
Keep it Simple!
Keep it Simple!
Comment:
sorry guys...level 54892 is to violate and consolidate...
please ignore: Level Fib 54.435
please ignore: Level Fib 54.435
Comment:
Iota was able breakout and test .382 Fib Resistance to retrieve back in the downtrend channel.
The new high recorded on the 10/05 12.00 requires to re-calibrate the channel therefore new resistance level but specifically Fib 54.435 level needs to consolidate for Bulls to be back in the game.
With that said Bears have been holding fair well their ground so far... the question is for how long will this pressure last on Iota which is projected to have the most amazing Internet of things technology!