IOTA primed for a move

Quick TA on IOTA

DI crossover signalling trend reversal
MACD crossover as well
Stochastic trailing behind

Primary focus would be strong volume and breakout to the upside from the inverse H&S neckline.

Look out for ADX momentum to come in (>25) as well as Stoch above 80. Volume is still weak so it will take sustained volume to keep price momentum upwards.

At the moment, still seems like a fakeout is possible and just a completion of an inverse Elliot Wave . If indeed a breakout occurs, the 200MA (in red) would serve as the strongest resistance.
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