Bounce at $.285
Updated
IOT running directly against a doubly strong resistance from downtrend and previous high. Also, the RSI is nearly overbought already. Looks like a short opportunity to me.
However, fundamentals are long. The tech is still promising and money from the BCC dumping should flow back into altcoins. That is probably not enough to break through to $.29 and beyond unless some whale push comes around.
However, fundamentals are long. The tech is still promising and money from the BCC dumping should flow back into altcoins. That is probably not enough to break through to $.29 and beyond unless some whale push comes around.
Trade closed: stop reached
Big move came and stopped me out.
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