IOTA To Continue Larger Elliot Impulse Wave in Dec

1 Ara 2017

IOTA looks like it will finish Elliot Correction Wave on support at $1.18 (support based on previous resistance levels plus ichimoku cloud) before continuing on to leg 5 of the larger Elliot Impulse Wave. Stop loss set at just below trend line.
Opportunity #1 to take some juicy 70% profit and buy some last minute gifts at the 1.618 Fib extension ($1.99 - 2.08) before ending the year at the fib 2.618 level where a final profit of approx 150% can be realized at $2.93.
Timeframe? Ho Ho Hodl for 3-4 weeks.

1 Ara 2017

Not

Entry: $1.16 - 1.22
Target 1: $1.99 - 2.08 (~70% gain)
Target 2: 2.92 - 2.99 (~150% gain)
Stop: $1.09 (~ -8% loss)

4 Ara 2017

İşlem aktif

Shot up WAY faster than anticipated but the TP1 and TP2 resistance levels were accurate.

Next fib extension take profit level at approx. $3.78