IOTA: Bullish Butterfly RSI Bullish Divergence (Final Fib Level)
IOTA is currently sitting at the 1.272 PCZ of a Bullish Butterfly and this 1.272 extension happens to be the last positive Fibonacci Extension on the linear scale, meaning that this is probably the least risky area possible to buy IOTA and perhaps aim for much higher levels, even as high as 1–2 dollars.
Given how tight the entry and price action are, I think as long as it holds above 15 cents, we could see it go for some major Bullish targets.
Given how tight the entry and price action are, I think as long as it holds above 15 cents, we could see it go for some major Bullish targets.
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