IOTA CRISIS

in iota •  7 years ago 

 https://www.tradingview.com/chart/IOTBTC/kbpB0rOb-IOTA-CRISIS/

Fundamentally, the crisis seems to be far from over, and a lot of weak hands need to get out before market start rising.

Short term, sentiment in IOTA is pretty bearish, as the charts show us: the RSI is below 50 level, the MACD below the centerline, and the EMA lines act as strong resistance.

So when Public Opinion will moves below the red dotted line or above the support level in the chart, it means that we must monitor the market to find the best point to open a long position. 

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Please do your own research in addition to reading the TA. NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE

Wishing you friends a successful trading!

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