Iota has seen some good buying momentum the last few weeks, lets take a look.
We can see a very strong bullish trend has developed in the market.
A bullish pennant has formed on the 4hr candles, this is not a guarantee for gains, however there is a real possibility on the short term.
Should we fail to go higher, it would be wise to book some profits.
Patient traders wait for market to show them the way.
Support is between $15 – $1.6, i am a bear below this. Safe trades.