Bullish idea on IOTA. IOTA/USD

11 Nov 2017

Not at that time but just an idea. We had 78% correction wave (II) on big impulse wave (I) and started impulse wave (III). First we need to break 100 DMA(green line) and EW correction (B) top around $0.65, if that happens then we could go up to $1, where we see big resistance level( also big physical level), and end of impulse wave 1. Then a 50% correction and upwards to wave 3 around $2 mark(168% of wave 1) and another physical level. Then we see a 38% correction to around $1,5 and again upwards to impulse wave 5 to $2.50-$2.60 as the big impulse wave (III) ends.

11 Nov 2017

Nota

I should have used a bigger time frame, its not going to happen at that time frame like in the graph, because there is a lot of flaws in IOTA at this time. But if they fix them then I think it could happen.

13 Nov 2017

Nota

20 Nov 2017

Nota

I think we are near the end of wave 1, like I said big resistance at $1 mark. As of now there is almost 500k units sell wall at $1 mark(in bitfinex). Lets see if it holds or not. If not then at €1,2 mark there is 810k wall.

24 Nov 2017

Nota

Break support line. I think we can see 0.65. I think there will be support at previous lows around 0.73, but eventually will go down to 0.65 and then take the III wave up. In BTC/IOTA pair I see bigger support at 9000 level.

25 Nov 2017

Nota

I think we are done with correction. Stoped around $0.66 allmost my prediction. Now heading for that III wave upwards.
But i'm cautious with buying right now. Because we might be forming a big wedge pattern on bigger scale. If we can preak that then I'm more sure we are hedding upwards.