IOTA
Short

IOTA/USD SHORT

By Grimland
Updated
Looks like IOTA is forming a rising wedge
To catch this move we have to wait for a break of support trend
In case we get another bounce on support trend we can look for a reversal candle in the area shown in the graph
We can also notice a bearish RSI divergence which gives us extra confirmation that this wedge is likely to play out

Good luck to all!
Trade active
Trade closed: target reached
bitifnexbreakdownChart PatternsIOTAreversalRising WedgeshortTrend AnalysisWave Analysis
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