Forex_Academy

IOTA/USD downtrend still intact

Short
BINANCE:IOTAUSD   IOTA
IOTA/USD increased a little after retesting the 1505% line. A valid breakdown below it will send the rate towards the first warning line (wl1). The perspective remains bearish on the short term as long as the rate stays below the minor downtrend line. It should drop if will close below the 1.22466111 yesterday's low
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.