seppeg

IOTA, downtrend not broken

BITFINEX:IOTUSD   IOTA / U.S. Dollar
On the log scale you can see that IOTA hasn't broken the downtrend yet. Rejected at resistance. There is also a hidden bearish continuation divergence.
Hope to buy at .85/.75 one more time :)
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Prometheus777 LisboaGrande
@LisboaGrande, I think that chance is gone. The news for IOTA will come one after each other in the following days and weeks.
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LisboaGrande Prometheus777
@Prometheus777, True, new wallet, IXI-modules, Q..... but Btc going down will help, still bearish on that one, long term I am 1000% bullish on IOTA :)
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seppeg LisboaGrande
@LisboaGrande, no idea, in the past good news didn't had always impact on the price. Sometimes it seems the path has already been decided, whatever news comes up. I think for now; we must keep an eye on BTC, I have a feeling IOTA will still follow the path of BTC and news will have no or small impact on the price...
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