QubitLife

IOTAUSDT: Possible Long (09.11.2020)

Long
BINANCE:IOTAUSDTPERP   IOTA / TetherUS PERPETUAL FUTURES
On D1, the RSI reached the oversold level, after which the price formed an initial upward impulse.
On H1, the RSI also reached the oversold level, indicating the end of the local correction for the first upside impulse. Also, the price found support at the Fibonacci level of 38.2% (mirror level of 61.8%).

We recommend buying IOTA in order to hold the position above $ 0.35.