IOTA
Long

IOTA USD - CUP & Handle

By AlEis
Updated
IOTA looks like a strong long:

1) TA cup and handle forming

2) FUD on BCH and BTC will drive buyers to others assets

- only IOTA bug constituted hesitance ...

Comment
T1 $0.74
T2 $0.82
Trade active
It needs to break $.064 to confirm.

There is also a very sharp riding wedge in the 1h chart. Which means it may be to early to break $0.64. Stay cautious.

snapshot
Cup And HandleHarmonic PatternsTrend Analysis

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