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.
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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Related publications
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.