Hello, dear members of LeoFinance!
Today I want to make an update on my previous anlaysis of MIOTA.
In the 4-hour chart (4H), IOTA/USD has formed an Ascending channel (uptrend):
As can be seen from the chart, at the moment IOTA/USD is testing the upper line of the channel.
To be honest, I won't be surprised if a breakout takes place and the uptrend accelerates. However, let's wait and see.
To be continued ...
As of the time of writing, one MIOTA costs approximately $2,10 on the Binance crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for last almost 15 years, and as a cryptocurrency analyst for last almost 4 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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