IOTAUSD is trading inside a Channel Up, which is the bullish pattern that took it above its 5 month Falling Resistance, essentially the trade war correction.
The 1day MA50 is providing support and the 1day MA200 is already broken, which signals bullish extension.
The Channel's previous bullish leg recorded +45%, so go long and target 0.31000.
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The 1day MA50 is providing support and the 1day MA200 is already broken, which signals bullish extension.
The Channel's previous bullish leg recorded +45%, so go long and target 0.31000.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.