Crypto Screener › Forums › Iota (MIOTA) Forecast – Technical Analysis › Iota (MIOTA) Forecasts – Technical Analysis – December 2017 › Reply To: Iota (MIOTA) Forecasts – Technical Analysis – December 2017
IOTA vs USD has recovered quite well after the initial selloffs from the $5.7 zone.
We can see that the support mentioned in our previous reports at $3 was tested twice and our buys were filled in that zone. Looking forward in the near future I expect the market will show us some direction.
If we push above $4.2 and consolidate above $4 i think we will see a push to the top of the channel and possibly test the previous ATH.
On the flip side should support at $3.7 fail I expect that we could test the lower $3 range again before pushing up.