Technical analysis by outbreeak about Symbol IOTA: Buy recommendation (12/22/2023)

After we broke the downward channel, I expect fuel to lit the pump. Next targets are 0.618 fib ($0.39), 1 fib ($0.48) and 1.618 fib ($0.63). I'm a big fan of IOTA as a crypto technology, so I abstain from commenting news or development.If we are lucky, we may hit 2.618 fib ($0.87) on the next big upward moveIOTA is hovering at the white support line, if it holds it will be a bull flag and a huge pump is expected (wave 3 in Elliott Waves theory).Currently at support, entry point