veerakumarnice

IOTA it trying to break upwards

Long
veerakumarnice Updated   
BITFINEX:IOTUSD   IOTA
IOTA is building momentum to push higher. Currently at RSI resitance. A breakout above that RSI level would bring price to $1.07 dollars. 100 DMA will not offer much resistance as the momentum is strong. Sell at resistance and buy back lower. If you are short and IOTA breaks above 1.2 then target would shift towards $1.55 (50 week MA) to $1.65 (23.6 retracement).
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