Hi,
This chart shows the decending trendlines which are acting as resistance at the moment. My outlook is that the market will remain brearish untill these resistance lines have been broken through... there is support at $0.90 - $0.96 from the previous lows but this support has already been tested multiple times; I beleive if the price comes back to this level again, then it will likely break below the support.
I don't own any IOTA, I just keep an eye on the price for my friends. This is not financial advise, doing your own research is encouraged :)
Any thoughts or questions feel free to comment,
GLHF!
This chart shows the decending trendlines which are acting as resistance at the moment. My outlook is that the market will remain brearish untill these resistance lines have been broken through... there is support at $0.90 - $0.96 from the previous lows but this support has already been tested multiple times; I beleive if the price comes back to this level again, then it will likely break below the support.
I don't own any IOTA, I just keep an eye on the price for my friends. This is not financial advise, doing your own research is encouraged :)
Any thoughts or questions feel free to comment,
GLHF!
