blueqrypto

IOTA Parabolic. Retracement then ATH

BITFINEX:IOTUSD   IOTA / U.S. Dollar
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IOTA has gone near Parabolic.

Overbought on the RSI . In need of a retracement to stabilise the value of the coin to enable it to proceed.

If it finds support at the 0.382fib, opportunity to re-enter here, if not target is 0.618.

I expect it will consolidate and head to new ATH following a correction.

Feedback welcome, good luck trading.
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