Technical analysis by Peet_Serfontein about Symbol MIOTA: Buy recommendation (7/17/2023)

IOTA/USD: some upside potential? Higher highs and higher lows remains of interest. A price action above 0.1905 supports a bullish trend direction. Further bullish confirmation for a break above 0.2030. One can increase exposure here. The target price is set at 0.2165, or the 78.6% Fibonacci retracement level. The stop-loss is set at 0.1800. Remains below its 200-day and is regarded as a risky trade.