Gelium

IOT/USD: Upward breakout possible (3W).

Long
Gelium Updated   
BITFINEX:IOTUSD   IOTA
Upward breakout possible on pattern 3W. Bitcoin is also forming pattern 3W up.

In general, altcoins are growing more actively than bitcoin:


What is a signal in favor of price growth.
Comment:

Added a small description of the reasons for placing orders. Hopefully this will make the idea clearer.
Trade closed manually:


Bitcoin broke down consolidation and may decline to the 28K zone. This can lead to lower prices for altcoins.

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