IOTA correction / 1.6.2018
- IOTA has an ascending long-term trend.
- A few days ago new collaboration + Trinity wallet.
- Parabolic growth, which strikes a very strong resistance, see the red area.
- Maybe we can still create a double peak, maybe a correction.
- IOTA has been corrected in the past at 0.618 fibonacci. I suppose she would go back to the green area.
- After repairing another strong growth.
- Everything depends on BTC -0.87% if the BTC -0.87% is over and around 6.6. IOTA would fire too.
- If the BTC -0.87% goes down again, Iota would be looking for lower supports.
- I have marked the strongest resistance and supports with dashed lines.
- RSI and MACD are in a bundled zone, the volume rises nicely.
- If we are very bullish , the fix could be at 0.236 or 0.382 and then shoot up.
- A few days ago new collaboration + Trinity wallet.
- Parabolic growth, which strikes a very strong resistance, see the red area.
- Maybe we can still create a double peak, maybe a correction.
- IOTA has been corrected in the past at 0.618 fibonacci. I suppose she would go back to the green area.
- After repairing another strong growth.
- Everything depends on BTC -0.87% if the BTC -0.87% is over and around 6.6. IOTA would fire too.
- If the BTC -0.87% goes down again, Iota would be looking for lower supports.
- I have marked the strongest resistance and supports with dashed lines.
- RSI and MACD are in a bundled zone, the volume rises nicely.
- If we are very bullish , the fix could be at 0.236 or 0.382 and then shoot up.
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