Breakout of Descending triangle pattern in IOTEX

* After a huge bull rally IOTEX formed a Descending triangle pattern in 2H hour time-frame.
* IOTEX breaks the support of the descending triangle and is retesting the same level.
* The 50 EMA is now moving above the price as resistance.
* After a proper retest we can expect a drop till $0.05900.