Iota received some good Fundamental News.
Jaguar will be using Miota coins to reward drivers.
Thus the pump today with no real retrace yet.
But we all know sooner or later it will retrace.
Thus some resistance zones to watch for reactions.
Very early plot, will udpate with progress and new clues.
62xx sats will be fist resistance, perhaps end of a wave.
65xx sats will be more serious, very like to retrace from it.
80xx sats looks to achievable, after some corrections and such.
Iota 'adoption' news in the past has often turned out to be 'wishful'.
But this patnerahip looks to be news releasted directly from Jaguar.
Assuming that is all correct, Iota should be on its way to a bull run.
Jaguar will be using Miota coins to reward drivers.
Thus the pump today with no real retrace yet.
But we all know sooner or later it will retrace.
Thus some resistance zones to watch for reactions.
Very early plot, will udpate with progress and new clues.
62xx sats will be fist resistance, perhaps end of a wave.
65xx sats will be more serious, very like to retrace from it.
80xx sats looks to achievable, after some corrections and such.
Iota 'adoption' news in the past has often turned out to be 'wishful'.
But this patnerahip looks to be news releasted directly from Jaguar.
Assuming that is all correct, Iota should be on its way to a bull run.
Note
As expected, resistance just shy of 6200 sats. Closeup shows just how precisely Fibs can plot such events .
Note
Approaching first possible support .
Note
First support holding thus far .
Note
Well first support cleary gave out. Now I am seeing another possible support coming up around 5400 .
Note
Here we are at the possible intermediate support .
the Golden Ratio is my Religion
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the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.