BITFINEX:IOTUSD   IOTA / U.S. Dollar
We see now a retest of the triangle. There is also one more downmove possible, to the bottom of the falling wedge . It could build a reversal from there, supported by the fibonacci extension .
Feb 08
Comment: Yesterday we saw the small spike to the 50 ema above the triangle resistance, rejecting with some consolidation. Today we got the marked zone at around 0.26, spiking to the blue, slow ema. The long potential is accumulation, as long we stay above the 0.25. A spike above the marked green line at around 0.28 will send us with high probability to a new uptrend rallye. A daily close above is desirable.
Feb 08
Comment:
Feb 10
Comment: next target is 0.31
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