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FxWirePro- Major Crypto levels and bias summary 
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FxWirePro- Major Crypto levels and bias summary 
- IOTA is trading higher and has been experiencing bullish momentum after it got listed in Huobi. Huobi is second largest crypto currency exchange on basis of 24- hour trading volume. It is also going to get listed in Cobinwood soon.
- The pair jumped almost more than 45% in the month of May. IOTA hits high of $2.69 and declined till $2.06 level. Short term trend is still bullish as long as support $1.97 (200- day MA) holds. Any break below $1.97 will drag the pair down till $1.82 (55- day EMA)/ $1.65 (100 – day MA).
- The near term resistance is around $2.80 (38.2% fib) and any break above will take the pair till $3.15/$ 3.37/$3.95 (61.8% fibo).
It is good to buy on dips around $2.15-2.20 with SL around $1.97 for the TP of $2.80/$3.15.
