Hello, dear members of LeoFinance!
I have recently noticed that IOTA/USD is trying to form an Uptrend (Ascending channel) in the daily chart (1D):
It seems that this could be the beginning of a potential uptrend. The price of IOTA rebounded recently from the lower line of the channel and is trying to reset the upward movement.
To be honest, I am very bullish on IOTA long term.
To be continued ...
As of the time of writing, one IOTA costs $0,4275 on the Binance, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14,5 years, and as a cryptocurrency analyst for the last 3,5 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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