IOTA (Bearish Idea)
IOTA has been in a bearish trend since December 2017.
As long as it's below $0.42 I expect it to drop to ~$0.0342.
It'll be a great buying opportunity from there, as it would be expected for IOTA to find it's way towards a new ATH.
Passing $0.42 without dropping to the buying area first is an invalidation of this idea.
Another invalidation, which is very unlikely to happen, is free falling below the targeted area. That would mark a possible 3rd wave drop towards ~$0.0022.
As long as it's below $0.42 I expect it to drop to ~$0.0342.
It'll be a great buying opportunity from there, as it would be expected for IOTA to find it's way towards a new ATH.
Passing $0.42 without dropping to the buying area first is an invalidation of this idea.
Another invalidation, which is very unlikely to happen, is free falling below the targeted area. That would mark a possible 3rd wave drop towards ~$0.0022.
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