$AIOT I really don't get why people are going long; the chart is clear it's not going past 0.054-0.55. The strength and momentum are definitely bearish, and I think it's going to drop much, much more than my exit point. On top of that, Bitcoin is also just consolidating, but... a lot of big players are cashing out. There's talk that June will be a bearish month with no bottom in sight; in fact, they're even mentioning Bitcoin could drop to 7000 (currently sitting around 73000). Just imagine the depth of that fall coming; at the very least, it's going to hit 60000-70000. This coin is clearly following Bitcoin, although there's talk of a small long that I think has already happened. Also, with Gold dropping, that's going to impact Bitcoin as well; the decline is evident from every angle... including the candlesticks.
