IOTABTC formed inverted head and shoulder and reached the target of 43% over long period.
Currently, it is testing support at lower Fib level and soon it may break and reach multiple TP's as listed on chart.
Major resistance is 50% Fib level which would take another few weeks to reach over there, so holding coin is good for a couple of weeks.
Currently, it is testing support at lower Fib level and soon it may break and reach multiple TP's as listed on chart.
Major resistance is 50% Fib level which would take another few weeks to reach over there, so holding coin is good for a couple of weeks.