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InvestingScope
Sep 25, 2018 10:09 AM

Contained below the 1D Resistance. Wait for support break-out. Short

IOTA / DollarBitfinex

Description

IOTUSD has restrained the upside attempts below the 0.6700 Resistance on 1D (RSI = 43.266, MACD = -0.003, Highs/Lows = 0) and the 1W Channel Down (MACD = -0.289, Highs/Lows = -0.1279, B/BP = -0.4062) remains valid. 0.500 is the current support and if crossed we will see an aggressive drop to the November 02, 2017 low = 0.3199 which is our first TP. 0.1459 remains the extension.
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