Several times I had the hope that IOTA would break its negative trend but up to now it remained negative.
Every shortly attack on the upper side (fibb retracements) was stopped and the price fell to lower levels than before.
The next support-level is at 0,36$. One pointed line marks the negative trend line on the upper side.
RSI remains negative since beginning of october. MACD does not show any life - nearly zero.
A rise of IOTA would be a supprise.
I like the idea behind IOTA - the internet of things - and the system of the tangle.
But at the moment the market is not very interested in IOTA.
We have to wait.
Every shortly attack on the upper side (fibb retracements) was stopped and the price fell to lower levels than before.
The next support-level is at 0,36$. One pointed line marks the negative trend line on the upper side.
RSI remains negative since beginning of october. MACD does not show any life - nearly zero.
A rise of IOTA would be a supprise.
I like the idea behind IOTA - the internet of things - and the system of the tangle.
But at the moment the market is not very interested in IOTA.
We have to wait.