Follow up of my yesterday's 1 hour chart based analysis where a long bias was given at around 4. IOTA/USD CMP 4.80 Target 5.50 plus Right Wedge breakout observed with extremely high volumes. Signifies great momentum based bullish pattern. 5.50 is a conservative target. Can go further beyond 5.50 close to 7 plus if short term volatility is ignored.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.