Iota chart analysis 14 feb 2018

Iota is currently sitting below $2 USD which will prove to be a crucial level in the days ahead. 

The downtrend remains intact as long as IOTA is below $2. If price can break through $2, retest $2 and then continue up to $3 then the downtrend has been reversed and a bull run has likely started.

Iota respects the big round numbers like $2 $3 and $4 so which ever way it moves look for bounces off these levels.

 

SUPPORT LEVELS  $1.60 $1.20 $1.00

RESISTANCE LEVELS  $2.00  $2.15  $2.60  $3.00  $4.00

 

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