IOTA - Intraday - We look to Sell a break of 0.7744 (stop at 0.7922)
Short term momentum is bearish.
Pivot support is at 0.7745. A break of 0.7745 is needed to confirm follow through negative momentum.
There is no indication that the selloff is coming to an end.
Our profit targets will be 0.7232 and 0.7132
Resistance: 0.8000 / 0.8300 / 0.8500
Support: 0.7800 / 0.7500 / 0.7300
Short term momentum is bearish.
Pivot support is at 0.7745. A break of 0.7745 is needed to confirm follow through negative momentum.
There is no indication that the selloff is coming to an end.
Our profit targets will be 0.7232 and 0.7132
Resistance: 0.8000 / 0.8300 / 0.8500
Support: 0.7800 / 0.7500 / 0.7300
