sumastardon

IOTA IOTUSD No interest in buying this rally yet

BITFINEX:IOTUSD   IOTA / U.S. Dollar
IOTA IOTUSD            
Iota is testing important support at 3.229 with a low at 3.20.
this latter level must continue to hold (and will do so long as
Bitcoin             holds up, which will not be for much longer now, it's
just completing its own counter-rally now). Any failure to hold
3.20 will force Iota lower still to 3.03 and then should this
level fail to 2.73 at least if not back to 2.47.
Even though it's on support and rallying now, have no interest
in buying here until Bitcoin             makes a clear bottom. We can
pick it up cheaper still urther down the line.
i agree. but..

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