The negative trend of IOTA is going on. I had hope, that 1 week ago it could break the trend and leave the channel, but it was captured and price fell again.
We don´t have to forget that a lot of trading-orders go directly to btc (or coming from) due to the outstanding hardfork. And this trade will go on, till it will have happened.
For the moment IOTA is short and I think the price will drop to Fibb 36,8% which is at 0.36$.
Look at the chart and you recognize that it`ll be around the day of octobre 25 - the announced day of the hardfork.
Only by hazard - or a predictable mouve?
I recommend also to read the analyzes of goldbug1 - i.e. the possible problem of some exchanges in case of the fork. Must read!
We don´t have to forget that a lot of trading-orders go directly to btc (or coming from) due to the outstanding hardfork. And this trade will go on, till it will have happened.
For the moment IOTA is short and I think the price will drop to Fibb 36,8% which is at 0.36$.
Look at the chart and you recognize that it`ll be around the day of octobre 25 - the announced day of the hardfork.
Only by hazard - or a predictable mouve?
I recommend also to read the analyzes of goldbug1 - i.e. the possible problem of some exchanges in case of the fork. Must read!