is going up in rising wedge
. Breaking the wedge
is possible in couple of days at most. Breaking the wedge
downward is more likely than upward. In case of breaking downward, we can find the price about 1.1 dollar levels. However, if the price would break otherwise, we can easily say that 2 dollars levels are closer than we could think of. Although rising wedges
are more likely to be broken downward, I expect IOTA to break the wedge
upward and achieve new all time highs. I do not think IOTA will be seeing 1.2 dollar levels.