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GoodyErick
Jan 5, 2018 10:51 AM

IOTA  Long

IOTA / DollarBitfinex

Description

IOTA is quietly on the move again, bouncing off the 3.20 USD mark to currently 3.96 USD as of the 5/01/2018 – 5:39 AM NY Time.

IOTA touched the 3.19 USD support mark several times and time bounced off with the exception of a couple of spikes, the lowest 1.11 USD on the 21/12/2017.

Right now it has been steadily moving into a squeeze at the top of the ascending triangle, with the MACD showing higher peaks below the zero line.

It is now just a matter of time to wait and see if it breaks out of the triangle formation and for the third time heads off for the 5.55 USD mark.
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