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IOTA is a very productive reality, day by day developing good project making alliance with Bosch, STM, GM, HONDA, Japanese gov't...
After reaching ATH in august the prices seemed to have found a good channel between $0,23 and $0,3 to pump and dump on the FIbs levels.
At the moment the most important goal is to not break the supports at FIB 0,5, around $0,264 down the main trendline.
This is a period of low volatility for IOTA, but a good mantainance of strenght could lead to a breakout of $0,293 by the end of the year to maybe confirm a new high volatility uptrend.
IOTA is a very productive reality, day by day developing good project making alliance with Bosch, STM, GM, HONDA, Japanese gov't...
After reaching ATH in august the prices seemed to have found a good channel between $0,23 and $0,3 to pump and dump on the FIbs levels.
At the moment the most important goal is to not break the supports at FIB 0,5, around $0,264 down the main trendline.
This is a period of low volatility for IOTA, but a good mantainance of strenght could lead to a breakout of $0,293 by the end of the year to maybe confirm a new high volatility uptrend.
Trade closed: stop reached
Support at $0,264 has been broken. It's better to wait for a good signal for un uptrend
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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.