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.


FxWirePro: USD/CAD bulls continue to hold the higher ground
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: USD/CNY bears maintain upper hand
ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 



