Iota Update

in #iota7 years ago

iota.png
The iota follows within a downtrend line as the above chart confirms, but we should have a small gain in the coming days at its value. We can confirm this view by increasing the volume of purchase over the last two days. In addition, the formation of an inverted hammer in a fund is faithfully confirming the vision. In addition, we can use the MACD as another means to confirm such a view, the blue line of the MACD is cutting the orange MACD from below upwards confirming a possible price increase.
In my view, prices should go to USD 1.40 or USD 1.50 to test the first resistance, but I believe that it still does not surpass itself, due to iota is very little force in the market.

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Thanks for the technical analysis. The data-sharing economy that Iota provides is so exciting and many companies are already in pilot with IOTA. The future is bright!

Iota is a good bet for the future!

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