I pretty much called last post of IOTUSD end of cycle. At 0.60 or so IOT will have break major resistance which will be the signal I have in this chart to be almost 90% sure it will be very bullish as a result.
The first structure i project to be the ratio 1 of the cycle match perfectly the ratio of the wave of my last post. In other words, I said that i porject an impulsive structure to go to 1.24 using the ratio of a sub structure and applying it to the C part of the current structure. I find again these price levels in this work.
I explain deeply the facts and objectivity behind the claim of an end of a correction in this post :
Since his beginnings Iota has 1:4.618 ratio impulse target.
Iota, as many alt has, has the 4.618 ratio for their cycle impulses.
You can disagree, agree, short, long, wait longer, already have position. One thing is sure ; there is strong correlation between TA count, indicators, retracemnt, trend and everything you wanna look at that say we exiting a current cycle. It may retrce again for few % before going there, or not, some weeks can past with indecison, or not. My stance is clearly wrote in this post and IM sticking with it.
No i dont hold Iota. I just purely looking and studying this chart from a friend request to TA Iota.
You think 7$ will happen around february/march as it looks like in your TA or is it difficult to tell the time?
vntexuser
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@fehimsahan, No one can tell man, it's based on the market sentiment to analyse the trend. However, many sharks are swimming around looking for a big school of fish. Just be a strong fish then we'll survive ;)
You think 7$ will happen around february/march as it looks like in your TA or is it difficult to tell the time?