officialTjan
Panjang

IOTA Elliott Wave 3 optimistic thoughts

BITFINEX:IOTUSD   IOTA / Dolar A.S
I am playing with the thought that this was just the first Elliot Wave impulse with the correction to the 0.5 fibonacci level.
In my opinion there is a big chance for a very big Elliot Wave 3 now if all things go well. We will need further good news about IOTA but if their team keeps improving their technology and keeps making more partnerships (or more specified partnerships), IOTA will grow further.

I believe in the project of IOTA and I love the concept of Tangle. IOT             transactions will play a big role in the future and IOTA might become the right backbone behind it.
Komen: IOTA/USD formed a symmetrical triangle - expect breakout soon
Great TA, thank you! I agree fully on the wave count, not so sure wave three would be that long. I have wave 3 ending around 5.75-6.5. Hard to say. Wave 5 could go long. Love IOTA as a project. Lots of potential.

Thanks again for your efforts!
+1 Balas
officialTjan espenespen
@espenespen, You're welcome! It's difficult to say how long wave 3 would be, why do you think 5.75-6.5?
At the moment it looks like it's forming a triangle
Balas
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