BTC/IOTA
Technical: Unfortunately, the pennant from the previous analysis broke to the downside while the entire crypto market fell sharply. When comparing Iota to Bitcoin, we have experienced a much stronger growth on Iota's side recently. We are bouncing off strongly from the support at 3500 Sat, which has been the resistance for almost 2 years now. Currently,...
Keep it simple!
Green box is where you buy, Orange box is where you take profit. At each profit target I take out 20% of my initial trade.
Looking at the longer time frame for IOTA, we can see a support level was held at the green box. It's likely that we can see IOTA touch this box several times, forming a higher low to indicate it as support. If this level...
Chart created for showing reasonable buy zone for IOTA. This company has IRL partnership and development ongoing so i believe there will be next big wave coming.
