“The sell signal got cancelled on the 12th of April, when the price came back above the green line. After that, the time for the buy signal came and that one was triggered on Sunday, when the price broke the 1.45 resistance. Currently, that will be the closest support. IOTA is making higher highs and higher lows and that means that the trend has changed and now, it is a good time to make a purchase. „
The current price is 2,33 USD so you can see that it was another great call from our analytical team. What is more, after the last analysis was written, the price was mostly climbing higher, creating higher lows and highs, showing a great respect towards the main principles of the technical analysis.