ferGOD

$IOTA (MIOTA) - Middle-term - A - B = C (REVERSAL)

Long
BITFINEX:IOTUSD   IOTA / U.S. Dollar
Position trade.

Target is WAVE C > *A - B = C (100%)

Trading is all about spotting emotional excesses either to the downside or the upside.

You want to be on the right side of those emotional reactions and not the wrong.

Comments

wave A 5.80$ / 0.2051$
wave C 0.5546$ / 0.0755$ ????

Wave C is most likely to have a similar price length to Wave A.
The next most likely price lengths for Wave C are 61.8% and 161% of Wave A
The next most likely price length for Wave C is 61.8% of Wave A beyond the end of Wave A.
+1 Reply
Could be the 2 in for a 5 wave rise. Your next top out for wave 3 ?
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