Good afternoon, colleagues! To everyone who holds this coin in their portfolio or trades - a very interesting picture emerged from its analysis. Now we have come to a very strong level of resistance, which is also the middle boundary of the channel. Most likely it will not be pierced right away. And expect a small pullback for refueling.
Support Levels (locally) 0.29-0.283. Below are two strong levels of 0.25 and 0.22. In the breakdown of which we fly to update the bottom.
It will be possible to talk about the start of mining the double bottom on the daily chart only when the upper boundary of the channel or zone 0.45-0.5 is broken. Higher price of this coin until it rises.
Also, do not forget about the high probability of Bitcoin going to 5500. Then we will see updates to the bottom of IOTA.
In any case, we do not lose the opportunity to earn money. The nearest areas of the seller are indicated on the chart. Trade with pleasure !!!
Success and profit!
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