BAZ1704

IOTA/USD RANGING IN WEDGE

Long
BITFINEX:IOTUSD   IOTA
IOTA has broken out of the longterm downtrend and retested the trend line and is now ranging in a symmetrical wedge. Looking for either one more bounce off the bottom of the wedge before buying in with PA or a breakout and retest.

Indicators: Lower timeframes looking bearish for a pull back, higher time frames are looking bullish.
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