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Iota Ascending Triangle. $0.5 soon? #IOTAUSD

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Iota is at the top of an ascending triangle ready to break upwards.
Nota
Price has dropped out of ascending triangle suggesting a further drop from here.

syot kilat

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

syot kilat

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

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

syot kilat
Nota
Down and down we go. I guess the break from the ascending triangle earlier today was our answer.

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