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IOTA appears to have formed a pennant . A break up would be a signal of a continuation of the uptrend.
What uptrend are you expecting?
philocrypt0 haitiano1982
@haitiano1982, I think we are in an uptrend now, and if it breaks up out of that pennant I think it will be a sign that IOTA can reach new highs. A big candle would be best, putting us up above the $.90 mark, and if that happens I think we would see $1.00 or more. That would probably put us in oversold on the RSI though, so maybe it would be a good place to consider taking profits if it happened? I like IOTA and have high hopes for it so I don't trade it much; I just buy when I can and hold for new highs.
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