IOTA DOWNTRENDLINE BROKEN!
After almost 3 weeks of downtrend and accurately following the downtrendline.
IOTA has rallied last night and has finally broken the downtrendline resistance and is own its way to old glory now.
I saw the reverse early with a rising wedge (post before) that was followed by some sideways action and then concluded in the rally to break the downtrend line.
It is still cheap though.
Time to get in!
Buy: 46
Target 1: 64 Resistance level
Target 2: 80 Resistance level
Target 3: 98 Resistance level
Target 4: 109 All time high
If you want to play safe, wait with byuing until 47.5 which is about 3% above the downtrend line and another confirmation of the reversal.
IOTA has rallied last night and has finally broken the downtrendline resistance and is own its way to old glory now.
I saw the reverse early with a rising wedge (post before) that was followed by some sideways action and then concluded in the rally to break the downtrend line.
It is still cheap though.
Time to get in!
Buy: 46
Target 1: 64 Resistance level
Target 2: 80 Resistance level
Target 3: 98 Resistance level
Target 4: 109 All time high
If you want to play safe, wait with byuing until 47.5 which is about 3% above the downtrend line and another confirmation of the reversal.
Nota
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.