Hi, everyone! Today we’ll take a look at IOTAUSD!
As we see on the chart after a breakout in the wedge followed by a retest and impulse upwards, the price formed a falling channel in which it is traded at the support line. I expect a rebound and growth toward the line of resistance. We all know that a break in the falling channel will mean a change in trend and growth toward bulls. However, friends, do not forget, when analyzing any altcoine, to pay attention to bitcoin, as everything trades to it. This is not a call to action, this is my personal view of the current situation. If you have any questions, write to me!
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.
As we see on the chart after a breakout in the wedge followed by a retest and impulse upwards, the price formed a falling channel in which it is traded at the support line. I expect a rebound and growth toward the line of resistance. We all know that a break in the falling channel will mean a change in trend and growth toward bulls. However, friends, do not forget, when analyzing any altcoine, to pay attention to bitcoin, as everything trades to it. This is not a call to action, this is my personal view of the current situation. If you have any questions, write to me!
Thank you for your attention! If you like my analysis, put likes and follow me. If you have any questions about investing, write to me.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.