IOTA
Long

IOTA

IOTA is quietly on the move again, bouncing off the 3.20 USD mark to currently 3.96 USD as of the 5/01/2018 – 5:39 AM NY Time.

IOTA touched the 3.19 USD support mark several times and time bounced off with the exception of a couple of spikes, the lowest 1.11 USD on the 21/12/2017.

Right now it has been steadily moving into a squeeze at the top of the ascending triangle, with the MACD showing higher peaks below the zero line.

It is now just a matter of time to wait and see if it breaks out of the triangle formation and for the third time heads off for the 5.55 USD mark.
Chart PatternsTechnical IndicatorsIOTALONGIOTUSDTrend Analysis

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