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McStones

IOTAUSD Breakout or Pullback to Channel?

IOTA (BINANCE:IOTAUSD)  
McStones Updated   
BINANCE:IOTAUSD   IOTA
Triangle Support and Resistance IOTA iotausd nearterm
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triangle supportandresistance iota iotausd nearterm
IOTA seems to be forming a symmetrical triangle. Bitcoin is quiet high at the moment and may correct a little bit. Thats why I'm expecting a pullback into the channel which brings us close to $0,95.

Let me know your trading setup and if you like, let me know. Have a great day!
Comment:
Just to be clear, I don't expect a rising price directly after we hit the lower channel support. The thin arrow reflects the price movement of the past days and could (if a pullback is confirmed) form a new triangle pattern at the peak.
Lets wait for the outcome of this idea first.
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