IOTA/USD close to 94.10 Fibonacci lvl

in #cryptocurrency6 years ago

IOTA is in huge correction, and close to previously mentioned 94.10 Fibo ($0.49).
94.10 % is often a trend-changing lvl for alts. Let's see if IOTA will hold that line.
IOTA has low RSI which may start an pull-up (it's being oversold right now).

We're in bearish market, remember to set a stop-loss.

IOTAusd.jpg

In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles.

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