IOTA
Long

IOTA - Still weak but probably in a basing pattern

576
IOTA has been going through a steep correction over the last two and a half months. A clear downtrend channel has emerged.

Yet my buying zone between 0.35 - 0.50 USD has been holding so far and I assume that we are in a basing pattern here.

The positive divergence in the stochastic points to a bullish breakout and higher prices.

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