IOTA
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IOTA getting dumped to $1.5 w/ dead cat bounce to $3 incoming

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The chart should be self-explanatory enough. In brief,

  • A to current level
  • B to .5x fib
  • C to under .236x


Interestingly, during its previous P&D 10D & 30D EMA crossed at .618x, too. There's little reason to believe the bleed will stop, but the opportunity to get out would be when 10D touches 30D (end of B).

My mistake in thinking this isn't a P&D coin.

I think as BTC stabilizes, iota will go to $3. Then, bad news will hit.

Why did I hear so many people speak highly of it?
Not
It appears that they've solved their troublesome "wallet" problem. This chart I still think is valid.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.