llywellyn

IOTA Bull Flag - Gearing Up For Breakout

Long
BITFINEX:IOTUSD   IOTA
IOTA has been dragged down by BTC lately but there are some signs that it is gearing up for a pop in the near future. Currently consolidating in a bull flag & some bullish divergence is showing up in RSI. Strong support around 4.6. Set stop loss around 4.3/4.4. 1st target 5.77, then around 6.5/7.

This could be one of the next coins to make a sharp move upwards - 7+ & would not be surprised to see 10-15 not too long after.
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