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Technical analysis by otantikripto about Symbol IOTA on 6/23/2021

https://sahmeto.com/message/3708705
otantikripto
otantikripto
Rank: 11975

IOTA KANAL HAREKETİNE DEVAM EDİYOR.

Neutral
،Technical،otantikripto

Hello friends, the 1G log. chart I drew in IOTA the other day is still valid. There was a diagonal (white line) trend line I drew days ago, but I waited for another touch point to be sure. With BTC falling to 28k, I became sure of this line. As in all alt coins, IOTA also fell and created a clear descending wedge formation here. There is no change for me in the previous chart I drew. I just wanted to share it when I saw that there was a supportive element regarding the direction of IOTA. I would also like to emphasize that BTC continues its channel movement that we determined in its 28k decline. A coin that I follow in the medium term, short-termists can act according to the break of the yellow horizontal line as I stated in the previous chart I drew. Please note that the chart is daily. Note: The charts I have drawn are definitely not investment advice.

Translated from: Turkish|
Source Message: TradingView
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