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IOTA
Long

IOTA TA $1- $1.30

By pgarret
Updated
IOTUSD
IOTA, yet another falling edge pattern, at the end of the market cycle just one week ago after the correcting wave. Started it's first bounce up with nice volume. The first break out usual retrace to the trending line, depends on how much volume it can accumulate. Waiting for the retracement to buy the dip.
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Here is a more detailed picture of the upcoming events.

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Update on IOTA. The first retrace is happening, should test the .50c support and bounce for the 3rd wave. Good spot to buy.
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Absolute amazing so far IOTA. Better then I expected.
Target 1: $0.75
Target 2: $0.07
Final target: $1.20
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First target achieved, looking to cash soon just waiting to see the head and shoulders how it develops further.
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Here is an update after recent actions.
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Still on schedule with long term.
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Trade closed: target reached
Target reached $1.20.
CyclesEconomic CyclesElliott WaveTrend Lineswaves
pgarret
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