IOTA has hit the 1.618 fib extension level of wave 1-2 and therefore this could be the end of wave 3, and wave 4 is about to begin.
My targets for wave 4 is around $2.2 - $2.1 these are the .5 and .618 retarcement levels respectively of wave 3.
In regards to wave 5 i have two possible scenarios either a truncated 5th back to $2.6 which would mean that wave 5 is equal to wave 1. Alternatively if price continues past $2.6 my second target would be $3 this as this is the 2.618 fib extension level
This is not investment advice, just my opinion
My targets for wave 4 is around $2.2 - $2.1 these are the .5 and .618 retarcement levels respectively of wave 3.
In regards to wave 5 i have two possible scenarios either a truncated 5th back to $2.6 which would mean that wave 5 is equal to wave 1. Alternatively if price continues past $2.6 my second target would be $3 this as this is the 2.618 fib extension level
This is not investment advice, just my opinion
Dagangan ditutup: sasaran tercapai
Upper target reached could possibly move down to $2.1If this is now the beginnning of wave 5, I would place a protective stop at $2.1, a move below would indicate a further more complex downtrend. Target for wave 5 is still unclear, however a minimum target of $2.6 is a healthy profit at almost 20%.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.