IOTA
Short

TP hit again. 1D Channel Down continuation. Short.

449
TP = 0.9132 (1W Support) hit, as the 1D Channel Down (RSI = 29.366) continues to decline after a new Lower High. However IOTUSD is still above the intermediate and according to the low MACD = -0.179, Highs/Lows = -0.1789, B/BP = -0.4081, the downside gap is significant. The next obvious downside targets are on the following contact points/ intervals: Nov 24, 2017 = 0.6704, Nov 02, 2017 = 0.3199, Jul 15, 2017 = 0.1459. Our TP = 0.7947.

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