Ascending triangle formation on 1D chart
If IOTA breaks above U$0.30, it will target at U$0.37.
Note
IOTA touched the green line (support of ascending triangle).The chart still valid. Nice opportunity to entry.
Very strong support (EMA 200 in daily chart) at U$0.268.
Trade closed manually
IOTA broke the ascending triangle support.
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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.