IOTABTC has broken out large resistance trend line and has also closed above 200 day EMA.
Both are bullish news. From current price, we can expect a straight upward movement towards the first target as shown.
If this is not the case, dip can occur and retest the resistance trend line and/or the 200 day EMA.
Overall, IOTABTC looks bullish to me.
Stop loss can be set below the 200 day EMA and the resistance trend line.
Both are bullish news. From current price, we can expect a straight upward movement towards the first target as shown.
If this is not the case, dip can occur and retest the resistance trend line and/or the 200 day EMA.
Overall, IOTABTC looks bullish to me.
Stop loss can be set below the 200 day EMA and the resistance trend line.
