IOTA: Red Hot!!

SUMMARY

Even if IOTA had a minor correction now, it's prospects are HOT! The below chart shows a decisive breakout at daily chart degree of trend. The WXYXZ (blue) correction completed so close to the apex; but given also how Bitcoin has been rallying; I believe the bottom can be called once a second round of an impulse can be placed.

From now to July/Aug or so; a higher degree of trend impulse motive up should take place. The white arrow shows the potential trajectory. Within the red circle, wave 2 correction should take place and this will bring back the bears; but it won't deter my targets.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
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Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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