The pink historical support looks like not broken yet and I hope It won't too. In case it is broken we could see lower. Also there are support and resistance on RSI. The resistance is from the huge breakout when it hit to 5.5 USD. I believe another breakout will come after this resistance is broken.
I have some iota and couldn't sell until it goes deep. So I hodl and pray not to become baghodler.
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There may be a bear trap nowadays. If it goes lower and bounces back I expect another take off.
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I guess this is the bear trap.
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Did not recover soon after breaking the support. But it goes up anyway.
on those times alt/usd analysis are not verry useful
IlhanBurakOzhan
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@hoddler, Yes I agree. I also think separate analysis can be useful too. There are still a lot of coins respecting their own supports even if BTC wrecks they keep their waves, for example HSR.
on those times alt/usd analysis are not verry useful