Hello guys,
We may have an opportunity to go long on IOTUSD here. If it breaks the short term downtrend (Purple rectangle) we can expect it to evolve between the different resistances.
Of course every move is tied to BTC behavior, so tighten your stops !
I think it touched the bottom already and will do a lower low around end of July. I don't know, but the potential bounce here can make a good %. :)
This is a short term trade !
We may have an opportunity to go long on IOTUSD here. If it breaks the short term downtrend (Purple rectangle) we can expect it to evolve between the different resistances.
Of course every move is tied to BTC behavior, so tighten your stops !
I think it touched the bottom already and will do a lower low around end of July. I don't know, but the potential bounce here can make a good %. :)
This is a short term trade !
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IOTA got rejected by the downtrend line :)