WARNING: IOTA IN A DANGEROUS AREA
Updated
Moment of decision for IOTA, which entered these days at critical levels. Sustained in 0.618, we see that it lost a lot of volume. Of being the IOTA / USD pair in more than 20M to be at the time of publication of the chart with about 7M to pay attention and keep track of.
In the daily chart also we see that it is a very operated crypto. From a bullish candle to an instant profit taking, generating much volatility and doubts in moments where it should already be consolidating and demonstrate to people what they expect so much from this currency.
We will see how the exit of this zone is developed and solved.
Thanks for your time.
In the daily chart also we see that it is a very operated crypto. From a bullish candle to an instant profit taking, generating much volatility and doubts in moments where it should already be consolidating and demonstrate to people what they expect so much from this currency.
We will see how the exit of this zone is developed and solved.
Thanks for your time.
Note
Reacting on the edge. In a 1 hour TF view, IOTA is coming off the level with a bullish trend, with increasing volume and breaking resistances with force.Let's hope it continues like this, demonstrating its power in the face of adversity.
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