IOTA BUY TARGETS. LOOKS LIKE A DEEP RETRACEMENT COMPARED TO THE OTHER TOP 20 COINS. COULD POTENTIALLY SEE IT GO ALL THE WAY TO THE BOTTOM OF THE PURPLE LINES, BUT GETTING LOTS OF CONFLUENCE NEAR THE TOP AND MIDDLE OF THE PURPLE LINES. TAKE A CHANCE AND PUT SOME BUY ORDERS NEAR THE BOTTOM OF THE PURPLE LINES, MAY GET LUCK AND GET PICKED UP BY A WICK. ALSO THE MARKET MAKERS MAY INTENTIONALLY GO DOWN THERE TO TAKE OUT THE STOP LOSSES BEFORE IT MOVES UP.
LOOKS LIKE IT'S FOLLOWING A CHANNEL AND MOVED ON TO NEXT CHANNEL, AND USING THE PREVIOUS CHANNELS RESISTANCE AS A SUPPORT.
LET THE TRADE COME TO YOU. AS LONG AS YOU HAVE A PLAN (A,B,C,D,&,E) THERE IS NOTHING TO FEAR. MAY UPDATE FURTHER DOWN THE RETRACEMENT LINE, NO STOP LOSS FOR PRICES THIS LOW.