It looks like it stayed on its weekly bullish ob for some time but in weekly chart the last closed candle is a doji and BTC is not looking for so good at this time.
Broke the falling wedge but there is no momentum and it kept it line across the HVN of Volume Profile, so it looks dangerous to buy now, but I am neutral and if I were you, I would choose to stay flat for now on IOTA trade.
There is some other OB at 4500 5000 sat level downwards, if you want a killing spree with IOTA I would choose that area, because BTC is not that volatile now in its historic levels, so it would make big moves and each of alt coin will be affected by this so as IOTA. You can grab a bag at these levels not a problem, we are in the accumulation era, you can sell when it moves to higher and grab again.
Broke the falling wedge but there is no momentum and it kept it line across the HVN of Volume Profile, so it looks dangerous to buy now, but I am neutral and if I were you, I would choose to stay flat for now on IOTA trade.
There is some other OB at 4500 5000 sat level downwards, if you want a killing spree with IOTA I would choose that area, because BTC is not that volatile now in its historic levels, so it would make big moves and each of alt coin will be affected by this so as IOTA. You can grab a bag at these levels not a problem, we are in the accumulation era, you can sell when it moves to higher and grab again.
Trade active:
Here is how it looks on 3D
