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IOTA attention! passing through support?

BITFINEX:IOTUSD   IOTA / Dolar A.S
IOTA is just about to break the support-line at 3.83$. This is also the fib retracement 61.8%.
If it breaks the support we can expect a further downtrend in direction the lower limit of the descending trend channel!

Indicators are signalling a weakening situation, RSI below 50, MACD triggered from top to down, ADX and DI near 20 - no significant trend!

Only with rising volume this trend could be changed shortly.

So, actually IOTA is no buy opportunity.

Older trades are closed.
i THINK IT IS BEAR TRAP
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Luettis 999Levin
@999Levin, you were right!
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