IOTA DOUBLE BOTTOMS WHILE LTC BULLS AIM AT $420- TECHNICAL ANALYSIS FOR DECEMBER 18, 2017
After a period of lower lows, IOTA is now bottoming.
There is a clear IOTA double bottoms and a stochastic buy signal in place meaning bull trend is in progress. If IOTA prices close above the middle BB then we expect December 6 highs of $5.6 to be our immediate target.
LTC is also on the same wavelength and $420 should be the next target now that there is a clear buy signal and close above the middle BB.
Let’s look at the charts:
NEM AT ALL TIME HIGHS
XEMUSD 4HR Chart for December 18, 201
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