Looks like IOTA is reaching the apex of a right triangle, and may break into an upward trend for a bit. This is all based on what happens with BTC over the next 24 hours, as BTC is still currently the driving force in the market. Until it stops pumping, alts will continue to suffer. Although, this upward 1-5 EW could happen to a lesser degree without any sideways movement of BTC just based purely on the amount of sellers being depleted at the local price levels. Will update in 24 hours if anything changes drastically.