IOTA
Updated

IOTUSD 1H CHART IOTA MARKET CONDITIONS

306
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 trend reversal, but still not confirmed.

A break of the 0.437 level could lead to the next resistance level.

WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Trade active
Stop-buy over 0.437 active
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.