Leg 2, IOTA
Daily
Higher timeframe showing us some beautiful structure.
Bearish parallel channel has been broken tested for support.
April 8th confirms uptrend.
Daily support @ 0.00018000
4Hour
Shifting over to our pattern timeframe we can price is struggling to break through 0.00022200
Stochastic RSI showing momentum is bullish.
Waiting for 4hour close above 0.00022200 before taking entry
Hourly
Lastly looking at our trigger timeframe we can see resistance @ 0.00022350
Price respecting our uptrend.
An hourly close above 0.00022350, activates trade.
Stochastic RSI looking bearish short term.
Target 1: 0.00032000
Target 2: 0.00050000
Target 3: 0.00075000
Target 4: HODL
Conclusion
Wait for the 4our close above: 0.00022200
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