IOTA is in Falling Wedge formation, which should be a bullish one if price break that upper resistance line. To catch another bullish move is to buy IOTA at Wedge lower support line. It may be between 5500 and 4750 sat. (depends where it will hit).
It can have an upward bounce at 6800 satoshi, but that second line at around 4750 is a better one in my opinion. As it's either a strong support line and it's close to Wedge lower line.
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Hello,
You have forgot the support 8400s, I think IOTA to go 12k s now
Voytech
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@TeddyZe, yes, it may be the case that it will reach 12k but it's still a risk. That's why i mentioned better buy-in opp. if IOTA will fall to lower resistance line.
You have forgot the support 8400s, I think IOTA to go 12k s now