BITFINEX:IOTBTC In my other short term prediction I was talking about a possible bigger invert head and shoulders forming. We are pretty much on the way there. IOTA just turn up from a down trend due to the ascending channel which usually resolves down. I cannot see the same setup on USD unfortunately which would make a stronger case, nevertheless this could be as valid if we get to the confirmation point. The best buying points would be: between 0.00011600 - 0.00011800 and my target is 0.00014200. The time will tell if its a valid head and shoulders.
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I'm stopping casing this idea because the pattern is broken and as mentioned the BTC charts are distorted by the volatility of bitcoin, not very reliable.