IOTX - Breakout or breakdown.

Updated
IOTX went on a massive 550% bullrunn after coinbase listing.

A big correction is sometimes expected during such events. We started of forming a bearish HS reversal pattern. But we seem to have found support along with BTC.

For now it looks like we are forming a bullflag witch is a bullish continuation pattern.

Im watching this buddy close for a possible breakout if BTC goes 50K and beyond.
Trade closed manually
We are currently breaking down along with btc. Strong support at 0.053/0.058.
This is my current buy target.

Rumours saing that big news are comming to IOTEX
Note
Regarding support levels i refer to daily charts.
Chart Patterns

Disclaimer