$IOTA : Rounded Bottom Pattern
Updated
If IOTA continues to retrace and holds the rounded structure putting in higher lows, while allowing the stochastic to reset and RSI to bounce off 50 level we may see it test the upper supply zone.
Note
Classic fake out under the rounded support, then reclaimed and so far IOTA has launch since this call. Into a a clear marked resistance block so watch for these levels to be claimed as support.
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