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Jayyflow44
Sep 5, 2017 9:41 PM

IOTA Weathers Top Side Resistance 

IOTA / BitcoinBitfinex

Description

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.
Comments
gumbtg
watch for that RSI line to bounce. If it does not. draw a "speculative rsi line". see how it interacts with it in the future. let me know if you need me to clarify
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