VIX has reached record low levels, people got greedy and too positive. When this happens, big crash comes soon, as in the past (2008). The recent 20% correction was not a crash, it was - a correction, so the crash is still lies ahead. When it happens I expect 50% crash - at least.
We can see IOTA is still in down trend channel and head and shoulders target match major support lines, what a coincidence, it's just beautiful.
Fibo time zones is telling us to watch out on May 21st. something big could happen.
The low volumes make me think that price will cross down the neckline and we will see massive drop and panic.
I am ready to buy at...
If price broke the neckline (i.e. if we see daily candle closed below it, which we can see but it is still very slightly) IOTA will move down (I have drawn how much down). My bets are that it will go through the neckline, so, save your money to buy low.
DeM gave us a sign for overbought market, now the price have made top below EMA 14, these are signs that the...
