2phost
Long

IOTA Reacting

BITFINEX:IOTUSD   IOTA / U.S. Dollar
After this downtred, IOTA starts to show an up signal.
We have an expansion range from the mode, that show us a strong movement.
The trend line was breaked, and the time just expired as well.
Moreover we are touching the low volume zone!

This is a good entry, but it is necessary to monitor if this range expansion will be breaked next 3 days. If we have new lows instead of news highs, it is a signal that the range expansion will not be breaked.
Comment: We have a new mode here:


May take some more time to react.
will go down around .42 again?
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2phost CocoChen
@CocoChen, Range expansion failed, 3 day with lower low and high:


So it can go down or maintain in this level due to the new mode. It is just not ready for a up move.
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