After breaking the main trendline, added to a critical level of support. People are seeing minimal recoveries (the tree) without seeing the forest, as they were the previous days. First, if IOTA can reverse the trend, if IOTA can form a double bottom with points B and C. And the most difficult of all, if he manages to cross an important and bearish kumo.
Below I zoom in on what is happening at the moment.
Hi all! I am newbie. Should I buy it or no? It seems to be good entry point here and wait for a few months wih it. Im I right?
Nutella
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Why we have a crash??
KernelPanik23
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@Nutella, No crash no party in altcoins. BTC goes up, alts goes down, this is the basic of cryptotrading.
AndresThomasShirakawa
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@KernelPanik23, @Nutella Hi. A little is due to what comments @KernelPanik23 and another part, which I've been warning us on previous charts, IOTA has been a time that is in a tendency to crash.Broken all the main supports and lines of trend.Is more, its price was tending to zero. Today it reached 0.31
It is a warning for us to be attentive.