CryptoSlazy

IOTA WEEKLY IDEA

Long
BINANCE:IOTAUSDT   IOTA / TetherUS
IOTAUSDT

Iota was one of the best performing coin in 2017. everyone was hyped back then that this coin is going to make everyone millionaire. Last year iota went all the way upto $2.50 from $0.05 (back in march). after topping $2.50 iota almost crashed 91% of it's value within the span of 427 days.

now if we take a look at weekly chart we can see a bullish MacD signal and it's forming descending broadening wedge pattern which is bullish pattern. if we complete this pattern we will see iota at $0.70 within 2 months and if we break that wedge somehow we will se an upward movement to 6$ within 1.5 years or by the end of 2023.

everyone should start accumulating iota :)

Happy trading.

disclaimer: not a financial advice
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