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Prometheus777
26 wrz 2019 06:58

IOTA - IOTABTC formed a W or double bottom during 2 months Long

IOTA / BitcoinBinance

Opis

IOTABTC has probably bottomed out, at least locally. Over the time of 2-3 months it formed a double bottom pattern, which finds support in buy volume depicted by VFI divergence over that time span. So IOTA, even if dependent on BTC price (IOTUSD), has probably ended its downtrend in relation to the rest of the market.

Zlecenie aktywne

IOTABTC is running sidewards and building up pressure below a resistance, for me its a good sign to see that. It started trending on the daily for the first time in over 1 year.
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