In the previous IOTA review, we wrote about a large range of IOTA rate: $ 1.1 - $ 2.2
The upper boundary was tested and not passed. A new growth attempt from $ 1.5 couldn’t even reach the $ 2.2 mark.
And now the rate on an increased volume went down out of the triangular consolidation.
It seems that the movement to support level at $ 1.1 begins. Moreover, MA cross is on sale on the daily charts and is already close to indicating sale on the weekly ones.
In case the $ 1.1 support does not stand, the next reduction target is seen at $ 0.67.
Profitable deals and follow our reviews!
The upper boundary was tested and not passed. A new growth attempt from $ 1.5 couldn’t even reach the $ 2.2 mark.
And now the rate on an increased volume went down out of the triangular consolidation.
It seems that the movement to support level at $ 1.1 begins. Moreover, MA cross is on sale on the daily charts and is already close to indicating sale on the weekly ones.
In case the $ 1.1 support does not stand, the next reduction target is seen at $ 0.67.
Profitable deals and follow our reviews!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.