Edgy_

IOTA With Good News!

BITFINEX:IOTBTC   IOTA / Bitcoin
Hello crypto friends! IOTA has seen some positive news today with the integration of Jaguar/Land Rover, which lead to a nice 15% move already.

We're currently inside an Hourly equilibrium in both USD & BTC and could still see some follow-through.

In USD we have a resistance zone of 32-33, which we'd have to clear to be able to move higher. TP would be 34 & 37.

In BTC we would already face resistance at the .65 region from the prior S&R zone. If we could pass that, .67

As always, grandpa BTC would have to be at least neutral, better bullish , for this scenario to play out. Otherwise IOT/USD has much room to correct to, 30 or even more, before it can further tighten inside that wider range. BTC is currently still in a bear flag on the 4H.

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Comment: IOTA didn't see any follow-through to the news reaction, watch out for the 30 cent psychological bottom:
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