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IOTUSD

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BITFINEX:IOTUSD   IOTA
IOTA seems to go down a little in order for it to reach higher highs.

See the chart for the levels to watch
Komen:
Komen:
LOL. someone tried to pump hard but failed to raise the prices.

Komen:
MACD is still bearish. Averages are also pointing down.

Let's see how the price action goes in the coming hours

Komen:
On a higher time frame, seems like IOTA is creating a higher low.

Demand zone is above .266. This is where whales might restock their positions to prepare for a move up. For now, keep looking at the volume if it's accumulating.

If it goes below the demand zone, then expect to see prices near 0.257

Komen:
If it bottoms above 0.266, then we're seeing a double bottom setup here.

Komen:
someone or a group dumped and triggered bots and people to sell.

you can buy cheap now

Komen:
Looks like reversal point 3 is the bottom. It could still go lower if people still sell their IOTA to buy BTC

Komen:
Currently in a tug of war between sellers and buyers with the sellers having more leverage

Komen:
In a falling wedge. And on or after Aug 1, a buying surge could increase the prices

Komen:
End of falling wedge?

Komen:
a triangle within a triangle
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Penafian

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