IOTA Bulls on the Move! 🐂 Breakout Alert 🚀

11 במרץ

💎 IOTA has recently broken out of a resistive trendline and formed an inverse head and shoulders pattern, which increases the probability of a reversal.

💎If IOTAUSDT breaks out above the resistant zone, we can anticipate targets until the next resistant levels. In the event of a pullback, we can expect a bounce from the bullish OB, but confirmation via bullish candlestick patterns is essential.

💎However, if the bullish OB breaks down, it would be prudent to withhold action on IOTA and wait for clearer price action to emerge.