IOTXUSD 1W looking like H&S in play....bearish momentumAs above.
Looks like H&S formation on 1W and 1D charts. MACD on 1W is below the signal line and looking close to crossing baseline, which is bearish type momentum.
Overall, short term outlook looks bearish and may have potential for price action to tend towards previous bottom below 0.02 to 0.013