One more wave down possible! Nice opportunity for a summer rallye in 2018 to the highs according to 2017.
Komen:
We are now at the 1.61 retracement. If we break up, we will see prices around 3.30 USD. The other pissibility is, that we will go down from here on. Remember, that we are still in the correction, one wave down is still possible! Iota is forming an expanding diagonal as shown in the picture. All eyes on bitcoin, wich is forming another double top!
We are now at the 1.61 retracement. If we break up, we will see prices around 3.30 USD. The other pissibility is, that we will go down from here on. Remember, that we are still in the correction, one wave down is still possible! Iota is forming an expanding diagonal as shown in the picture. All eyes on bitcoin, wich is forming another double top!
Komen:
Komen:
the downside is going to speed up. we will see lower prices the next days. The first target is around 1.60 USD. In this area we have to wait and see what price is doing.
price could rebound at this level or continuate the downmove. let´s see what will happen. update very soon
the downside is going to speed up. we will see lower prices the next days. The first target is around 1.60 USD. In this area we have to wait and see what price is doing.
price could rebound at this level or continuate the downmove. let´s see what will happen. update very soon
You can see the corrective structure at the top of the channel. I expect from now on a strong downmove. The midterm target is 0.65 USD. If we break above, we will see iota rise up.