IOTA has been in a downtrend for a long time.
It can't break the downsloping resistance and we believe that the key support may break on the next retest.
If it happens and we get a capitulation, then IOTA may drop even 56% and retest all time lows from 2020. It would be a great buying opporunity for a LONG TERM investment.
ETHBTC is bearish now which also confirms our bearish bias on IOTA:
Do you agree? Let us know in the comment section.
It can't break the downsloping resistance and we believe that the key support may break on the next retest.
If it happens and we get a capitulation, then IOTA may drop even 56% and retest all time lows from 2020. It would be a great buying opporunity for a LONG TERM investment.
ETHBTC is bearish now which also confirms our bearish bias on IOTA:
Do you agree? Let us know in the comment section.
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