Pips_In_Paradise
Long

IOTA Breakout Lurking...

BINANCE:IOTABTC   IOTA / Bitcoin
Daily
Looking at our highest timeframe we see price has bounced off our major support zone at 18000 satoshis. Stochastic RSI showing momentum is heading towards the upside. A daily close above 20500. satoshis activates our trade by breaking our aggressive downtrend.

4Hour
Shifting over to our patter timeframe we see price forming a double bottom at 18000. Stochastic RSI showing momentum heading towards the upside, if we break and close above 20500 satoshis trade activates

Conclusion
Wait for a 4hour close above 20500 satoshis.

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