IOTABTC 57% potential profit

IOTABTC has broken out large resistance trend line and has also closed above 200 day EMA.

Both are bullish news. From current price, we can expect a straight upward movement towards the first target as shown.

If this is not the case, dip can occur and retest the resistance trend line and/or the 200 day EMA.

Overall, IOTABTC looks bullish to me.

Stop loss can be set below the 200 day EMA and the resistance trend line.