I would like to offer you my comprehensive view on IOTA: Starting with fundamental analysis: The main innovation behind IOTA is the Tangle, a revolutionary new blockless distributed ledger which is scalable, lightweight and for the first time ever makes it possible to transfer value without any fees. Currently it is in Beta, not trading on many exchanges yet...
The resistance line line is forming together with the uptrend line a Symmetrical Triangle. Watch closely for the price action near the resistance line. When broken, then the first target is around 7.2 $. (at 1,618 fib retracement).
Ethereum broke the resistance line of the descending triangle . RSI and MACD confirm the price growth Target 498$
The pattern is complete when the price breaks out of the triangle - look for an increase in volume in the direction of the breakout. 1st Target 13.6$ before the end of the year 2017 then correction to 9$ level after the correction 2nd Target 18 $
We have a nice ascending triangle pattern on the 4h chart. RSI and MACD confirm a price reversal. If the price can break through the 0.25$ level our target will be 0.3$.