InvestingScope
Short

Still on Lower Highs but still waiting for support break-out.iot

BITFINEX:IOTUSD   IOTA / U.S. Dollar
IOTA is still on Lower Highs within the 1W Channel Down ( MACD = -0.294, Highs/Lows = -0.0836, B/BP = -0.04041) but still supported above 0.4978, which has created a strong 1D Triangle (neutral RSi , ADX , CCI , Highs/Lows). This is approaching its completion and we are expecting a break-out to the downside soon, so we are keeping our short positioning (TP = 0.3199, 0.1459).
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