IOTA

IOTA closing down to first strong support

IOTA was one of the best plays in last weeks. I recommended it just on the break up from triangle pattern at 0.37. Hope you entered position. It had massive run towards 1$ and now is in normal consolidation mode. I’m looking for re-enter levels around $0.62 - $0.64 where we have 0.5 fib. retracement and also support line from the last run. SL set under 0.59. Target +$1.2.

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