IOTA has been lingering for a while now. Considering the potential and the investments made by companies by buying some IOT -11.11% . Considering the potential to change the machine to machine economy and in my opinion even more than just that. Considering it is feeless. Considering how many people they are hiring this year. Considering how much effort was made to FUD IOT -11.11% I think it is safe to say that IOTA is beyond the BS phase and will spearhead 2018. Ofcourse all that is just an opinion. This looks like a bullish symmetrical triangle to me. Place your bets when it properly breaks out.
Trade active:
idea still valid. Just weather the storm.
Comment:
not sure we are out of the woods yet looks like a rising wedge just like on ETHUSD to me
Trade closed manually:
I remain long on IOTA throughout 2018. It has vision unlike many. For now look for a breakout through the 2.5 -2.4 ish dollar resistance line