MIOTA IOTA Reached Another Support With Bullish Divergence

Hi dear friends, hope you are well, and welcome to the new update on the IOTA coin.

Rejection by the resistance of weekly triangle:
On the weekly time frame, IOTA is once again rejected by the resistance of a big symmetrical triangle.

Small triangle:
Priceline has formed a small triangle on the 4-hr time frame, and now it may retest the support of this triangle. But is IOTA breaks down this small triangle then it may test the support of a bigger triangle on the weekly time frame.

Bullish divergences:

There are different divergences that appeared on different time frames as below.
4-hr hidden divergence, as the priceline forming higher lows but RSI setting lower lows.

Daily bullish divergence , as the priceline forming lower high but RSI setting higher highs

Weekly bullish divergence , as the priceline forming lower high but RSI setting higher highs.

Therefore, soon we can expect a big breakout and long-term rally.

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