Symmetrical Triangle IOTUSD on the 4 hour chart

٢١ يناير ٢٠١٩

Since a symmetrical triangle is a continuation pattern and we were in a bear market for long time, I expect a breakdown to 0,28$ or even 0,20$. 0,20$ would be a double bottom if it holds, so it will form a nice entry point to accumulate long positions.