TradingView
UncannyDeduction
Nov 18, 2018 10:02 AM

IOTA - ZIG ZAG MANIA 

BINANCE:IOTAUSD15
IOTA / US DollarBinance

Description

⋅
IOTA stuck in zig zag pattern seemingly indefinitely?

Comment

⋅
This is based on a long term analysis where I think two giant Fibonacci circle sets with almost the same size is interfering with eachother - creating this zig zag pattern very soon. The zig zag pattern will be a "proof of concept" for me that I'm on the right track of how I view IOTA.

Comment

⋅
This zig zag pattern could go on until Mars 2019 or something like that - in the most extreme case.

So prepare for some...
Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag Zig Zag
And then a break out in unknown direction (probably up), but when??

Comment

⋅
Note that the two trendlines in this image is not exact. They shouldn't even be linear.

Trade closed manually

⋅
I was wrong. Closing this down.
Trend Analysis
Comments
angelsmfg
⋅
If that's what you see, that's like microphone that might drop more
More