IOTAUSD Breakout or Pullback to Channel?

IOTA seems to be forming a symmetrical triangle. Bitcoin is quiet high at the moment and may correct a little bit. Thats why I'm expecting a pullback into the channel which brings us close to $0,95.

Let me know your trading setup and if you like, let me know. Have a great day!

Kommentera:

Just to be clear, I don't expect a rising price directly after we hit the lower channel support. The thin arrow reflects the price movement of the past days and could (if a pullback is confirmed) form a new triangle pattern at the peak.
Lets wait for the outcome of this idea first.