Iota successfully hit 1.99 resistance and it is giving a reversal signal. Doji candle has been formed , RSI shows overbougt and Macd MA-s are crossing, so we have good signal to short on correction now. reversal for buy point is at 1.80 level, because it is already Fibo Zone and there is strong support Line, for this time RSI and MACD will be in a good position too. next target price is 1) 2.14 and 2) 2.31 according to Fibo.
Trade closed: target reached:
As we see the first target was reched after correction. ;)