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Jan 25, 2018 10:39 PM

IOTA long (4hr chart) Long

IOTA / BitcoinBinance

Description

IOTA is at the bottom trendline of a consolidating wedge that has been forming since it peaked on 5th December. We now have bullish divergence on RSI and MACD histogram. These are the setups I like with low risk and reward to the top of the wedge or higher if it breaks out.
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