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- Major Crypto levels and bias summary
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major) 



