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IOTUSD is still under pressure from the sellers.

Short
BITFINEX:IOTUSD   IOTA
The signal to buy from MA cross, which we wrote about in the previous review, was false.
IOTUSD continued to decline and fell below the key support level of $ 3,- now it became the resistance level, and therefore a good mark to sell.
While the rate remains below $ 4, further decline is likely. Its ultimate goal can be $ 1 or even $ 0.5
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