IOTA Techincal Analysis 19.12.17

Hello and thank you for reading.
Recommendation:
HODL
Sell if: Price establishes below 4.6

Here is the TA for today:

Link to image: https://imgur.com/a/3flpC

IOTA has finally gotten some positive price action after a 5 day "correction". We even hit a new all time high at 5.8! Congratulations to all IOTA hodlers out there!

ATH's can make TA's unaccurate. Should we fall through the support at 4.9, then do not be discouraged. We will likely have strong support at 4.6. The reasoning for this is that 4.6 provided strong support at our previous ATH.

This is purely a techincal analysis. Furthermore, this is only my opinion. Consider doing some research for your self aswell.
Feel free to criticise in the comments.

Thank you.

I have a few TA's for Ripple and NEO aswell. If you are interested, click at my username for more.