Buongiorno, come stai?
BTC seems to be in a retracement channel following a massive 17.5% swing up since last Friday.
We did not have enough buy volume in the $8100-8500 range, so we got rejected.
50 MA (orange) will meet BTC very soon; I expect a small bounce up, followed by a rejection, to either the 21 EMA (green) or the top of the channel around $8070 ...
My first idea here, be civil.
IOTA has been selling off for almost 3 months, and looks ready for a reversal.
Bounce off 11,500 sats looks good. Horizontal candle body high shows positive support at 12,000 - 11,200 sats.
50% Fibonacci retrace shows 20,000 sats as the measured move.
Both Stoch RSI and MACD looks ready for positive momentum.
STOP LOSS: 11,200...
