We have an upward trend with a descending resistance line and an ascending support line forming a symmetrical triangle pattern.
We can expect a breakout as it gets closer to the apex. Wait for confirmation of the breakout!!
IOTA is trending and is a solid technological revolution. It was recently plagues by a lot of FUD (Fear Uncertainty & Doubt) articles complaining that the partnerships aren't real partnerships etc.
Now we got the news a BOSH venture capitalist group is funding this project.
IMHO this is ready for another take-off despite the rising ETH price :-)
This is no financial advice, follow at your own risk
www.forbes.com/sites...d-ledger-technology/
We can expect a breakout as it gets closer to the apex. Wait for confirmation of the breakout!!
IOTA is trending and is a solid technological revolution. It was recently plagues by a lot of FUD (Fear Uncertainty & Doubt) articles complaining that the partnerships aren't real partnerships etc.
Now we got the news a BOSH venture capitalist group is funding this project.
IMHO this is ready for another take-off despite the rising ETH price :-)
This is no financial advice, follow at your own risk
www.forbes.com/sites...d-ledger-technology/
Comment:
not even a bitcoin fear sell to 10K is deviating IOTA from its track. This is looking really good. Congrats to those who bought in the dip!
Trade active:
inverse head and shoulders in On-Balance Volume indicator
Trade closed: target reached
