As expected 4H formed a Channel Down that has now found support (RSI = 48.008) near the projected first curve shape as it approached the November 02, 2017 low. 1D is now on a critical short term level where if today's 4H Lower High breaks then the price will most likely rise within the 1D Channel Down (RSI = 30.058, MACD = -0.139, Highs/Lows = -0.0860, B/BP = -0.2131) to make a Lower High near 0.6700. In both events (break or rejection) we expect IOTUSD to hit the TP = 0.3199 (November 02, 2017 low) and 0.1459 (July 15, 2017 low) in extension.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.