Still on Lower Highs but still waiting for support break-out.iot

IOTA is still on Lower Highs within the 1W Channel Down (MACD = -0.294, Highs/Lows = -0.0836, B/BP = -0.04041) but still supported above 0.4978, which has created a strong 1D Triangle (neutral RSi, ADX, CCI, Highs/Lows). This is approaching its completion and we are expecting a break-out to the downside soon, so we are keeping our short positioning (TP = 0.3199, 0.1459).