IOTAUSDTPERP is building huge bullish flag since its last rally to 1.5 USD levels. Even though it is hanging around the bottom of the flag, I expect IOTA to break the flag upward and reach its price target specified.
IOTA setup looking quite promising. things are a bit shaky at the moment with BTC doing a slight correction, but we've seen IOTA hold up pretty well despite this over the last few days.
Anyway TP just on the FIB at 1.67. SL at the last low from several days ago at 1.2763
Entered at the bottom of this ascending triangle.
IOTAUSDTPERP is going up in rising wedge. Breaking the wedge is possible in couple of days at most. Breaking the wedge downward is more likely than upward. In case of breaking downward, we can find the price about 1.1 dollar levels. However, if the price would break otherwise, we can easily say that 2 dollars levels are closer than we could think of. Although...
IOTA is having a very strong bull run and is heading towards the most important resistance zone at $0.9 because IOTA lost this zone in August 2018. There will be a very strong selling force and could make IOTA's uptrend ends and It will take more time to break through that zone to rise to $1.7-1.8 zone
👉Mar 31 : Chrysalis 2.0
👉Mar 31 : Firefly...
The price is returned for the retest level - the previous touch of the level more than 1 month ago. Moreover, a strict number of false breakdowns.
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IOTA is at the key resistance of 0.4$, and where to close the 1D candle will be crucial to the next trend of IOTA.
If IOTA conquers this 0.4$ zone, it will rise to the 0.5$ zone and a high possibility will continue to the 0.55$ or even 1$ zone.
However, if IOTA fails at the 0.4$ zone, IOTA will easily plummet to the 0.3$ or even 0.2$ zone.