Long

Bullish Pennant Primes IOTA for epic run

Updated

IOTA has seen a lot of activity in the last week priming it for a bull run. This bull run will also coincide with the likely news of additions to multiple exchanges(Binance all but confirmed, Bittrex/Shapeshift hopeful). If this news isn't released near bull call, it could take a couple more days and in that time period I expect more consolidation. Dumps result in a near immediate recovery with this coin as the support is extremely strong despite its relatively low volume.

IOTA is available as IOT on Bitfinex.

Full disclosure: I hold IOTA in my portfolio.

Note

This obviously went to shit, BTC rally really wrecked alts. I have updated my call for IOTA here:

KnifeOfPi

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