SUMMARY
Here is IOTA's chart during the Fall of 2017. The downward wedge is quite noticable while the MACD is also contained within the blue contracting lines. What happened next?
Once the breakout occurred, there was an EXPLOSION of 1,593% in price! MACD also went bezerk bullish!
Present day. Note the downward price wedge pattern. Also note the MACD well contained within the blue contracting lines.
A price EXPLOSION of 1,593% would equate to $13.87. Would you be a buyer or a seller at these levels?
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