IOTA/USDT 1D (Long Term Idea)

2 Des 2021

IOTA/USDT currently consolidating within large triangle on 1D. As time moves forward and as the pattern runs out of room, we are looking for LTF confluence to provide a bullish thesis and support a possible buying opportunity upon the breakout of the triangle. If a breakout is confirmed, we would look for a break above overhead resistance levels before nearing ATH. A break above ATH could act as a trigger for price discovery... Longer term idea to keep an eye on.