• Tue, 12 Nov 2019, 08:56 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: IOT/USD extends sideways along 110-EMA support, weakness only on break below

Wed, 10 Jul 2019, 11:19 am UTC

IOT/USD chart - Trading View

Exchange - Bitfinex

Support: 0.3861 (110-EMA); Resistance: 0.4081 (21-EMA)

Technical Analysis: Bias Neutral

IOT/USD extends sideways along 110-EMA support, bias neutral.

The pair finds stiff resistance at 21-EMA (currently at 0.4083) which is capping upside.

RSI is below 50 and Stochs are at oversold levels. Breakout above 21-EMA with turn in indicators will see upside.

The pair is making lower highs on the daily charts. RSI and Stochs converging nicely with price action.

On the flipside, breach at 110-EMA support will drag the pair lower. Next major support aligns at 61.8% Fib at 0.3571.

200-DMA is major support at 0.3417, break below negates any bullish bias.

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Greg
  • 2019.07.12 06:26:32
As bitcoin is on the rise, this is a warning to all potential investors. Please beware there are many fake forex/bitcoin mining/investment platforms out there, I got scammed twice before I met a genius hacker who helped retrieve my bitcoin. The whole plan was so smooth I could not doubt it. Bitcoin is actually a great investment option but one thing I discovered over time is that it is not possible to mine bitcoin so don’t be deceived. I invested $25000 on a particular website called eurekaminingblock, I monitored the profit yielding but got locked out of the account before I could withdraw. I went online and met this hacker bitcoinretrievalgenius who helped me retrieve my bitcoins back in few hours. You saved my life and I will forever be grateful. I referred my friends whom we got scammed together right away and they got help too. You can contact bitcoinretrievalgenius gmail com or text/call +1(917)563-8226. Thank me later!
  • 1
  • ·
  • 0
More
  • Bitcoin (BTC) $8,773.60 (+0.02%)
  • Ethereum (ETH) $186.24 (-0.12%)
  • XRP (XRP) $0.271300 (-1.73%)
  • Bitcoin Cash (BCH) $288.73 (-0.26%)
  • Litecoin (LTC) $61.63 (-1.45%)
  • Bitcoin (BTC) $8,773.60 (+0.02%)
Nov 12, 2019 (Tuesday)
12:28
UPS and HerdX track and monitor beef shipment from U.S. to Japan using blockchain technology
12:12
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:10
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:13
China's forex regulator SAFE expands blockchain cross-border financing pilot to 19 provinces
10:12
eToroX adds support for Dash, USDC, USDT and GOLDX/BTC, announces 5 new stablecoins
10:03
Crypto Technicals: XLM/USD downside limited, holds support at 5-DMA
09:19
Crypto Technicals: NEO/USD consolidates around 200-DMA, bias bullish
09:19
CoinMarketCap releases Liquidity metric geared towards filtering out market manipulation
09:02
Bittrex to release funds of frozen accounts following OFAC’s go-ahead but requirements need to be met first
07:50
Film and tech executives to launch blockchain working group at American Film Market
07:39
Crypto Technicals: XRP/USD holds cloud support, intraday bias bearish
07:20
Crypto Technicals: ETH/USD holds 21-EMA support, intraday bias neutral
06:53
Banque de France seeks crypto analyst, development engineer for various financial applications
06:48
Bithumb Global announces native token for its blockchain platform ‘Bithumb Chain’
06:33
Crypto Technicals: BTC/USD holds support at 4H 200 SMA (8666), break below to see more weakness
06:03
BIS appoints Benoit Coeure as the head of new Innovation Hub; Group to foster fintech cooperation between central banks
05:53
Bakkt opens bitcoin custody service to all institutions
04:52
Free 7-week crypto lectures to be launched by venture capital firm Andreessen Horowitz
04:46
Alibaba partners with Lolli to reward shoppers with bitcoin
03:42
Chinese-state run publication releases positive report about Bitcoin
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft