IOTA- another bear flag or reversal?!

IOTA / TetherUS BINANCE:IOTAUSDT

mignaly

Hello everyone

As we have seen a red bar on almost all of the assets yesterday, the candle left a big scar on the market.A red bar with a big body might be the indication of a bear market continuation.

We have a resistance level of 0.625$ and the support level of 0.58$.If our support level fails,our next support level is 0.5$.

I believe it’s most likely to have a bear flag pattern here as yesterday for the pole.But we aware ,with a red market like this anything is possible.

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