IOTA COULD SHOW SIGNS OF ANOTHER LEG DOWN IN CRYPTO MARKET

I am mostly interested in IOTA, ETC, EOS in short term trading. Its just not a good time to consider long term investments since I am a day trader but when looking at IOTA on a 4h chart it just doesnt seem IOTA is done with its ABC correction pattern. 1.33$ seems its gonna be crucial resistance where we could form top of 4th subwave in C correction wave.
Just be careful. This would correlate to BTC -0.31% dropping down to 4.8-5k threshold which would be a must hold level otherwise we will see next high volume trade zone around 3k.

Comment:

As anticipated, IOTA hit my target box with a low of 0.55 USD. I count we are in the very end of a 3rd sub wave in the last 5th wave of C wave of ABC correction and this last 5th wave structure clearly forms an ENDING 5th WAVE DIAGONAL.
We should be getting a solid bounce up to upper resistance channel somewhere around 0.8-0.87 ranges then into a last 5th wave down (which can also be a truncated 5th wave. More info will follow as we get more information.