IOTUSD pair, is currently showing signs of a trend change, which could be a bearish reversal or range conditions.
On the last two peaks, bearish divergence is not as strong as the first pair.
Still, market is moving within a bullish channel.
Resistance lines from previous swings are shown in red.
MA20 and MA50 are almost crossing, showing signs of an imminent...
In the last post, a symmetric triangle was identified, after resistance break an immediate target was achieved, at next major resistance.
However, this resistance zone was not pose any resistance at all, so we could see a price rally to higher levels, and DMI confirms it. RSI and Stochastic (not shown) look overbought.
Market is currently struggling at the 0.786...
I know nothing, just like this line...
thanks
And please, look at somebody's old ideas before you follow. Lots of sun seekers and copycats that agree on everything.
