Technical Analysis IOTA (MIOTA) 01/05/2018

in #cryptocurrency • 7 years ago

IOTA recently tried and failed trying to break through the resistance line in black. Right now, it looks like it may have taken support at 50 EMA which is a good support after breaking through 20 EMA. Wait, for a confirmation candle in green or a doji to confirm that the selling has stopped. We'll then gradually see it rise towards the resistance line in black. From last month it has been trading within the trading range. Once, it breaks that range we will see it testing its previous highs which is at 0.00045000 BTC (100 % increase from current levels).

Disclaimer :
This post is my personal opinion and is provided for informational purposes only. Don't consider buying or selling any crypto currency without conducting your own due diligence.

#trading #miota #iota #tangle
7 years ago in #cryptocurrency by
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