IOTA - Double Top Pattern Forming. / Time for reversal?
IOTA has experienced a very powerful bull run in the past few days, we have formed a major resistance and support line you want to watch out for as the price is likely to fluctuate between these two levels. Currently, IOTA looks to be forming a double-top pattern which is a bearish signal, it is likely that we could see a drop back down to the support where if broken, the price will continue decreasing.Â
- Orange - Resistance.Â
- Pink - Support.Â
