On the verge of an importan mdeium term break out

9 ביוני 2018

IOTA is on important crossroads on 4H. Despite our perception of a 4H Channel Down to be formed (RSI = 45.126, MACD = -0.003, Highs/Lows = 0), if 1.7625 breaks, then the price will test the 2.0330 Resistance. If not it will first come across the 1.6223 Support again and then 1.5169 & 1.3417 in succession. So depending on the break-out, we will either TP = 2.000 or 1.3500.