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IOTUSD 1H CHART IOTA MARKET CONDITIONS

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IOTUSD pair, is currently showing signs of a trend change, which could be a bearish reversal or range conditions.

On the last two peaks, bearish divergence is not as strong as the first pair.

Still, market is moving within a bullish channel.

Resistance lines from previous swings are shown in red.

MA20 and MA50 are almost crossing, showing signs of an imminent trend reversal, but still not confirmed.

A break of the 0.437 level could lead to the next resistance level.

WNZ
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Stop-buy over 0.437 active
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