IOTA breaks out of resistance with price making higher lows after a strong short-term accumulation (Accumulation1). I will wait for the price to retest resistance and bounce off from previous resistance becoming support before I go long. I will place my profit target at Accumulation2 where there seems to be strong selling pressure.
Trade active:
IOTA re-tested the previous resistance it broke and bounced off from it which is the accurate buy scenario I was waiting for to play out!