GoodyErick

IOTA - On a bit of a squeeze but it seems to have run out puff

Long
GoodyErick Updated   
BITFINEX:IOTUSD   IOTA
Looks like IOTA wants to break out, however the last few days it seems to have run out of puff and it's trying to regain it's breath before the run up.

I would like to see volumes pick up a bit before going long.
Comment:
Well like I said "WAIT" for a good signal. the spinning top doji on the hourly was a good tell tell sign that the sellers made up their minds and would take control, and there is also a shooting start doji on the weekly chart.

I will continue waiting till it drops further for a good buy opportunity.

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