IOTA / Bitcoin

IOTA vs BTC some thoughts ... $IOTA $BTC $IOTABTC

285
Hey all,
So what are we seeing here?...

Bearish view: In my view we're seeing IOTA form a descending channel.

Bullish view: IOTA has more steam and will break the channel by the top.

Blockchain_Rekt view? Bearish for the next 2-3 weeks... I am expecting a pulback. I am using two main indicators here:
1) RSI in the oversold zone, looks liked it peaked in the 70 zone.
2) 200 days EMA has been a major resistance or support in the past for IOTA, we are way above it.

In my view the next two weeks we're going to see some level of correction for BTC unfortunately, I am expecting some or most alts to follow. IOTA usually reacts stronger than BTC to the correction phases.

This is not financial advice, trade wisely.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.