The marked has been corrected. This is not bad news! It leaves us plenty of room to grow! This triangle shows huge potential for IOTA to breakout within a very short period of time.
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It did break out as predicted. But now we're looking for some momentum. In a 15 minute chart, you can see that there's another triangle. This could create a thrust and thus could be the foundation of a bullish run.
Note
Get ready for a bull run! 2 times it went bearish when I predicted it would go bullish. But now we see to strong support and resistance lines which I hope will create a nice bullish run. My strategy: Since I bought at 3.76, I will wait till iota reaches 4.50. Then I will sell. I do think it will go to the 5/6 usd range, BUT iota has surprised me before, and I think there are other crypto's with less risk and more potential.
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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.