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perlboy
Oct 26, 2017 10:48 PM

IOTUSD down to ichi support... could continue going down.. Short

IOTA / DollarBitfinex

Description

IOTA has been following the ichi trend lines almost religiously until it had the most recent breakout where it broke through the 4hr ichi resistance before pulling back at the EMA200. It is now riding down the trend line which it broke. Given the current network freeze and no ability to deposit/withdraw from exchanges I suspect this will go down more. If not, 38 -> 42c is growing 4hr support.
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