Today I'm going to look at IOTABTC at 1h timeframe. IOTA broke the downtrend with strong impulse. As you can see, IOTA is in the correction. I think this correction will be over soon. In this correction I can see two completed waves. I can see divergence between first and third waves what can be a god sign for a reversal. Be careful, it can go lower to -0.27 or -0.618 fib level and from there it can reverse. This is the reason why i will wait for the break and the flag before the buy. So keep an eye on it, be patient & trade with care!
REMEMBER: I'm only interesting in the buy!
So, please don't jump in buy to early, patience is the key!
If you want i will do update on this pair!
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So keep an eye on it, be patient & trade with care!
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