Chris_Gale
Short

#IOTA #SHORT #USD #CRYPTO

BITFINEX:IOTUSD   IOTA / U.S. Dollar
IOTA one of my favourite projects. But unfortunately with the cryptocurrency market value being cut in half we are on a downward trend. First support is at $1.46 but i don't think we will be stopping at this point. It's either going to be $1.23 or $1.02.

After the correction be prepared for resistance at $1.90 and $2.37. MACD is in uncharted areas at the moment and RSI is showing that IOTA is completely oversold at 31.

Happy trading
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