The high-flying rocket IOTA, which broke the cryptomarket's charts in recent weeks with a whopping 260% monthly gain, is taking off again. This time we are setting up a short-term long setup, based on Triangle pattern, with 20-25% growth potential. It could make more - that's the nearest target.
Risks If price drops below 4.10, the idea is no longer viable (stop-loss).
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Price did drop below 4.10 but it didn't change the technical outlook. Here are updated price levels. Be sure to set alerts at 4.80 (buy entry) and 3.77 (sell).