umutaktepe98

IOTAUSDTPERP Rising Wedge Coiling Up

BINANCE:IOTAUSDTPERP   IOTA / TetherUS PERPETUAL FUTURES
IOTAUSDTPERP 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.
Comment: Even though it seems it is breaking the rising wedge downward. Breaking out is not volume supported yet. It will hopefully back in the channel.
Comment: Price seems to return from fibonacci 0.236

Comments

destroyed me really :()
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@SpecialD, I'm really sorry to hear that. I was not expecting that much pullback, too. I was about to be destroyed as well. Good luck bro for your next trades!
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SpecialD umutaktepe98
@umutaktepe98, well i think I will just calmly wait until the price come back. Hopefully it is not gonna take 4 years .
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SpecialD SpecialD
@SpecialD, plus, i m also turkish and female.
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@SpecialD, O zaman tanıştığıma memnun oldum :)
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SpecialD umutaktepe98
@umutaktepe98, ben de. Sabirla bekliyorum iotayi artik bir iki hafta yatarim gibime geliyor :))))
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it seems like it goes downwards. Hopefully not!
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@SpecialD, it seems it is breaking out, but not volume supported. There is no significant amount of volume coming in for IOTA. I think it will make its way to the channel as soon as Bitcoin does what it has to do :)
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SpecialD umutaktepe98
@umutaktepe98, true there are several people actually making the same comment. Yet, elon musk said btc and eth prices are very high atm
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