IOTA/USDT(Breakout is About to Happen)
•IOTA is trading around $1.3 and it has fallen by 40% in past 45 days
•The price is above 200 day moving average,which is considered as an uptrend
•The price is close to the falling trend line and since we are above EMA200 so it's most likely to test the uppar resistance line
•It's still possible to test EMA200 support before the breakout and that will be good buying opportunity in spot
•We will consider it bullish after breaking $1.35 - $1.4 price level so if you are looking to safely buy then do that after breakout at the given price levels
•Those who can risk a bit can buy IOTA at EMA200 retest around 1.2.We can see price $1.8 - $2 in coming month
•The price is above 200 day moving average,which is considered as an uptrend
•The price is close to the falling trend line and since we are above EMA200 so it's most likely to test the uppar resistance line
•It's still possible to test EMA200 support before the breakout and that will be good buying opportunity in spot
•We will consider it bullish after breaking $1.35 - $1.4 price level so if you are looking to safely buy then do that after breakout at the given price levels
•Those who can risk a bit can buy IOTA at EMA200 retest around 1.2.We can see price $1.8 - $2 in coming month
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