IOT/USD chart - Trading View
Exchange - Bitfinex
Support: 0.2618 (50-DMA); Resistance: 0.2896 (110-EMA)
Technical Analysis: Bias slightly bearish
IOT/USD extends weakness for the 2nd straight session, bias bearish.
Upside in the pair has been capped below 110-EMA, technicals are turning bearish.
RSI is biased lower, has slipped below 50. Stochs are on verge of rollover from overbought.
Major trend as shown by the GMMA indicator has gone flat, volatility is low and shrinking.
Price action is holding above daily cloud. Break below and violation at trendline support at 0.2520 will open up downside.
On the flipside, break above 110-EMA to change bias to bullish. Next hurdle on the upside lies at 23.6% Fib at 0.2990.


FxWirePro: USD/ZAR bearish again as upside bias reverses
EUR/USD Defies ECB Rate Hike to Reclaim 1.1600: Technical Setup Points to Buy-on-Dips Opportunity
FxWirePro- Major Crypto levels and bias summary
AUDJPY Trades in Narrow Range, Bearish Indicators Suggest Selling on Rallies
FxWirePro: USD/CNY sees some bounce after yesterday's fall
FxWirePro: USD/JPY slips as yen firms after hot Japan's wholesale inflation data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD gaining momentum for a move towards 2.0100 level 



