#IOTA is in the clouds, rejection around KS region. Facing an important test in a few hours. The break above 50DMA (1.88). If we get confirmation of the break then we can expect a bull run to 2.3 level from iota
50DMA break is important for
IOTA, currently at 1.88
Historical data whenever #iota has broken 50DMA level:
22 May: -23% drop in 8 days
14 April: +104% in 19days
16 Jan: -74% drop in 81days
9 Nov: +1024% in 27 days
8 Sept: -47% in 55days
4 Aug: +240% in 13 days
We need to be on the sidelines till we get a confirmation of the break, if entry is from 1.72 level then SL should be trailed appropriately.
50DMA break is important for
IOTA, currently at 1.88 Historical data whenever #iota has broken 50DMA level:
22 May: -23% drop in 8 days
14 April: +104% in 19days
16 Jan: -74% drop in 81days
9 Nov: +1024% in 27 days
8 Sept: -47% in 55days
4 Aug: +240% in 13 days
We need to be on the sidelines till we get a confirmation of the break, if entry is from 1.72 level then SL should be trailed appropriately.
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Related publications
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.