wakethesheep

IOTA Consolidating before new highs

Long
BITFINEX:IOTUSD   IOTA
Iota is currently Ranging within an ascending channel. IMO i see IOTA pulling back one last time to our strong support level and then rallying from there. There is a fair chance that no pull back occurs so i suggest no shorting, but instead wait for the bottom and enter long. As well for the long term investor, we see a wick that has touched our breakout point just above $1 indicating that these levels wont be touched again. There are also rumours of IOTA being added to another exchange, and also a more user friendly wallet to be integrated, So these levels are the points your wanting to get in at
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