BITFINEX:IOTUSD   IOTA / U.S. Dollar
229 0 5
so far pattern still holds but I made a slight adjustment shifting to the right, if we can break the 21sma (in red, between the bollinger bands ) and have a nice green candle close above would definitely be a good sign. Although the area looks like it will meet another barrier being the general downtrend started from the 27th feb (at ~1.41), which could lead to sideways trade for a while before testing the top of the descending triangle and hopefully breaking out. If the break out fails it could lead to lower lows and a break of the floor of the descending triangle .
Comment: after bitcoin taking a huge dump today it seems like the rest of the market has followed/will follow shortly. if btc cant stay above 8k then there may be a retest of the floor of the descending triangle and possible break hence it has tested this support many times but never fully broke.
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