GibbsGibbleton

IOTA nears bottom banks of Bearish Wedge

Long
BITFINEX:IOTUSD   IOTA
The spread on IOTA is tightening between 3.50-3.70 with it recently touching the bottom end of its bearish support. This could signal an end to its current trend.

I would look out for either a break to its recent low of 3.02 or a bullish run to 4 or higher since markets this volatile do not maintain price equilibrium for too long.

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