Description
⋅ IOTA has gone near Parabolic.
Overbought on the RSI. In need of a retracement to stabilise the value of the coin to enable it to proceed.
If it finds support at the 0.382fib, opportunity to re-enter here, if not target is 0.618.
I expect it will consolidate and head to new ATH following a correction.
Feedback welcome, good luck trading.