georgime

UPDATE - Can We Get A Close Above & Find Support on $0.1877?

georgime Updated   
BITFINEX:IOTUSD   IOTA
The Bulls couldn't close IOTA above a major resistance of $0.1877. If we find support on the top trendline then there may be a chance to challenge the resistance again and take this coin to $0.22 as the first target. BITCOIN price and the next day candle for IOTA will tell us where this coin is heading. RSI is not overbought which supports upward movement.
Comment:
IOTA seems to have found support on the trendline and with good volume, this may take us to challenge our first target at $0.22.
Comment:
Support holding steady.
Trade active:
First target reached.
Trade closed: target reached:
Major target reached!
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