Found some time to chart IOTA, more especially the IOTUSD pair on Bitfinex.
We're in a possible symmetrical triangle so it might break up either way,but as Bitcoin is rallying nowadays I'd bet on a bearish breakout. IOTA just broken down from a not very nice shaped rising wedge and if it breaks the triangle trendline we might see further downside. RSI is curving down on both 1h and daily timestamps.
DISCLAIMER: I am not a financial advisor so you should do your own reseach and analysis. This is only my view on the current situation. ;)
"I'd bet on a bearish breakout." - told you it was going down :)
