upwards
Long

Iota Ascending Triangle. $0.5 soon? #IOTAUSD

BITFINEX:IOTUSD   IOTA / U.S. Dollar
Iota is at the top of an ascending triangle ready to break upwards.
Comment: Price has dropped out of ascending triangle suggesting a further drop from here.


This is crypto though...so anything could happen.
Comment: On second thoughts.. let's look closer at RSI and MACD.


It looks like the fireworks are scheduled to go off at UTC 00:00 23rd May

Let's see!
Comment: Bitcoin just dumped $500 chasing iota to really breakout downward from the ascending triangle. MACD and RSI still looking bullish. So let’s see..
Comment: Iota is officially oversold.

Comment: Down and down we go. I guess the break from the ascending triangle earlier today was our answer.

Comments

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