bitzthierry

IOTA USD - Bearish Symmetrical Triangle

BITFINEX:IOTUSD   IOTA / U.S. Dollar
IOTAUSD should take us lower (minimum 40%) going to complete a Symmetrical Triangle. We broke our longterm RSI support which coincides with the breakout of the triangle.
Weekly 21 EMA was already rejected

IOTABTC should also take us lower, but here we could soon have good RSI wedge support at 0.00004517 where I will look at possibly longing IOTA depending on the look on the day of the touch. It might touch the region with a TD Countdown 13 on the same day.

~20th of May could be interesting.
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