I think IOTA needs to break the negative spiral. Going back to either newest, or old trend line. Might as well break that and sink a bit deeper. Long-term this makes for a good buy-in! Take advantage.
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As expected... Back to where we were a few days ago.
depending on elliot wave theory i believe we should see a big impulsive 5th wave up to 60 levels
The_Shit
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@Badrosha, yeah. But i've seen too many fakeouts lately. I'm waiting for more positive momentum surrounding the coin...
dropd01
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@Badrosha, This would be going into the third wave and it will most likely pump up, then extend before it reach 60 levels. The retrace on the 4th should be around the 32 of the third. The fifth wave will likely only go slightly into the territory of Wave 3 then the correction will start. I think there is clear indication of the reversal on the double bottom that happened prior to the first wave.