IOT/USD drops from $0.243 to $0.23 this Friday. The Elliott oscillator had a bearish session after four straight bullish ones. IOT/USD had an extremely bearish Friday, wherein the price fell from $0.243 to $0.23. In the process, IOTA had three bearish days in a row. The price has met massive resistance at the long-running downward trending line and fallen down. The hourly breakdown shows us that the price recovered to $0.244 after it dropped to $0.235. However, the bears quickly overwhelmed the bulls and dropped the price all the way down to $0.23. IOT/USD daily chart The latest session has taken the price below the lower curve of the 20-day Bollinger band, indicating that the asset has become undervalued. The price is trending below the 200-day simple moving average (SMA 200), SMA 50 and SMA 20 curves. The moving average convergence/divergence (MACD) shows that market momentum has changed from bullish to bearish. The Elliott oscillator had a bearish session after four straight bullish ones. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bitcoin price prediction: Bulls fail near $11,000-level as bears take control FX Street 4 years IOT/USD drops from $0.243 to $0.23 this Friday. The Elliott oscillator had a bearish session after four straight bullish ones. IOT/USD had an extremely bearish Friday, wherein the price fell from $0.243 to $0.23. In the process, IOTA had three bearish days in a row. The price has met massive resistance at the long-running downward trending line and fallen down. The hourly breakdown shows us that the price recovered to $0.244 after it dropped to $0.235. However, the bears quickly overwhelmed the bulls and dropped the price all the way down to $0.23. IOT/USD daily chart The latest session has… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
