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IOTA – ALTCOIN CHART ANALYSIS



 IOTA has not yet been able to really benefit either, but has been able to form a small uptrend. We were able to leave the weekly resistance P behind and we are currently at around USD 0.28.


On the 4H chart, we have the first resistances at around $0.29 and $0.31. At the same time, we could form a double-bottom chart pattern here, which would strengthen our bullish momentum.


The technical price target would then be around $0.36 – $0.38. However, we would not break the overall trend here. For this we would have to sustainably break through the area around USD 0.40.

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