CristoJaraba

IOTA next moves

Short
CristoJaraba Updated   
BITFINEX:IOTUSD   IOTA
A chain of updates..

IOTA seems to be about to breakdown to 1.07 usd.
Looking for trend lines, could be possible to form a crab with 1.255 usd as its High and 0.95 usd for confirmation.
That could be a Buy signal. If this crab its real and IOTA stop its correction (not likely for now), there is a nice target at 1.4564 usd, if not, more sure will be to reach 1.12 usd and then keep going down, maybe to 45 cents zone.
For now, we will be looking at this to catch the signs.
Good Trade!!
Comment:
I realize that green circles are entry - targets points. Cause, the price will possible bounce in the floor of the pink box, and then, just if a candle pass back through the green circle and close above it, that could be a signal for the next wave.
Comment:
Its breaking down hard, maybe nothing of getting up will happen

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