erc9311

IOTA plunging! possible bottom around $0.38

Short
BITFINEX:IOTUSD   IOTA / U.S. Dollar
IOTA found its bottom at $0.3633 in the very beginning of September, right after that it has a very nice 5 waves impulse all the way up to $0.75 (Wave I) after that an ABC correction to $0.37. (Wave II)

A new impulse began mid September from the bottom of II to $0.61 making the first wave of a (Wave III)

Now we at looking for the end of what i think its an expanded flat which also made a very beautiful Head & Shoulders pattern. The symmetry is just amazing, the minimum target is $0.381 and THAT would be my second wave of (III) if it goes below $0.37 the count would be invalidated!

Comments

Today I mt went to 0.31, so what could be the alternatives now?
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This was my thought exactly. I am also playing the H&S measured move. Thank you for making this!
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