As we can see @OMG/USD, there are possible formations, showing trend reversal signals after bull runs. Panic? Or just taking profits (fire and forget)?
In my opinion, we might see same pattern here. So let us wait ans see what will happen. Always trade carefully and don't risk more than you are wiling to lose.
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hey, thank you for your comment. I think the market is saturated for the moment and there will be a reversal. But we probably we have to think bigger. So the price can drop to .6ish, re-enter upward movings and then drop down to .55. I don't see IOTA to be back in the 1$ region next few weeks.
In my opinion the buyers want to make cash. I don't like that, but I have to endure ;-)
One day, IOTA will be back.
I don't think there was a bounce, it's rather a thick neck? ;-)
Let's see, what will happen on .64ish line.