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BillCharison
Apr 27, 2020 11:49 AM

#IOTA - Damn, Just TOO Bullish Long

IOTA / BitcoinBinance

Description

So, there is a clear horizontal support at 2100 sats. Moreover, there is a double bottom (1st touch at the 20th December 2019 and 2nd touch now at March-April 2020). But that's not all. There is also a "W" pattern which was drawn on the chart.

Thanks to a number of these bullish factors, the price just broke one of the strongest descending resistances, good entry point is now. Stop Loss should be placed below the support mentioned in the beginning of this idea.
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