IOTA
Long

3 days till brekaout?

We have a strong support at around 0.76 which will be the downend of the flag. We will have to wait at least 3 days until we see the breakout.

Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation.

Chart PatternsFlag

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