treirabigereugen
Long

IOTA - possible breakout imminent -

BINANCE:IOTABTC   MIOTA / Bitcoin
IOTA is on wings of nice volume and this time NOT strongly rejected by the falling wedge (green lines) that the token is ranging in since the big CC             correction. This is very interesting since IOTA even could not make it out of the wedge when the VW-news came up but gains strength for days now without big announcements. The chart is forming a pennant (yellow lines) right now at the top of the falling wedge . A pennant is a typical pattern within a bigger pattern prir to huge breakouts. If this boy breaks out, the ralley will be incredible. We are now on the D-wave within the pennant that could yet lead to the breakout. If IOTA sees an E-wave, there is a good chance that the breakout will follow right after. Additionally, the founder of IOTA Dominik Schiener today is guest in one of Germanys biggest and most respected TV-Shows, the Markus-Lanz-Show. Having him there will introduce alot             of people in the german speaking parts of Europe to IOTA and will add a shitload of reputation to the token since the the show is both serious and influential.
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