IOT bulls have momentum in their way as a back up. Short term, medium term charts point some more gains. IOT bulls have a sweet problem to tackle – to hold on to the trendline support and keep riding the wave towars $2.00, psychologically important mark and continue the bullish momentum. IOT/USD is up nearly a percent on Saturday at $1.9369, after bouncing sharply from day’s low of $1.903. On the short term 180-minute chart, IOT is trading in an upward sloping higher high, higher low trendline channel – a slow but steady sign of higher moves. If that wasn’t enough, on the daily charts, fibonacci retracements of recent rise from April lows as well as the fall from May highs, both point that next levels of $2.01 could easily be trargeted in this upmove. IOT/USD 180-minute chart: IOT/USD daily chart: 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 Ethereum price analysis: ETH/USD bulls don’t know how to break this trap FX Street 5 years IOT bulls have momentum in their way as a back up. Short term, medium term charts point some more gains. IOT bulls have a sweet problem to tackle - to hold on to the trendline support and keep riding the wave towars $2.00, psychologically important mark and continue the bullish momentum. IOT/USD is up nearly a percent on Saturday at $1.9369, after bouncing sharply from day's low of $1.903. On the short term 180-minute chart, IOT is trading in an upward sloping higher high, higher low trendline channel - a slow but steady sign of higher moves. If that wasn't… 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.
