Iota looking for confirmation of support

Scenario 1:
found support and is completing wave E, which could be setting for a bullish breakout . Could still stretch out for a day or 2 yet which does fit the volume movement diminishing

Or the support could be completion of wave E and could be starting new wave 1. In which case I'll wait for completion of wave 2. That'd be the safer play.

Trend AnalysisWave Analysis

Penafian