Jayyflow44

IOTA Weathers Top Side Resistance

Jayyflow44 Updated   
BITFINEX:IOTBTC   IOTA / Bitcoin
IOTA Price action facing top side resistance. RSI continues to flirt with trendline as we continue to pullback from fresh highs of ~$1.10 in mid-August. Watch for above average volume especially if MACD crosses zero and price action violates trendline. Watch this in the upcoming period for a potential breakout buy.
Comment:
Price action broke resistance which now appears to have become support.
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.