IOTA Short Term Target $0.82 (116% Profit Potential); Mid Term Target >$1.14

in #bitcoin7 years ago

SUMMARY

Which chart below is that of IOTA? You see, so many of the Altcoins are currently in this bullish, downward pointing type of symmetrical triangle pattern. They are crouching, penting up the bullish mojo to geyser up and explode! These price explosions won't all happen at once...that would be silly. It'll be like a popcorn kettle. You'll first year a few kernels popping and as the heat increases, more will pop until later you get a symphony of popping. The bullish price explosion of these Altcoins with such high similarity index in their patterns can generate much wealth!

The below chart is that of IOTA which placed beautiful motive through the circled white waves i,ii,iii,iv,v. Elliott Waves states that after five waves, there is a requisite retracement in three waves. Sure enough, the below chart shows an a,b,c correction that looks complete, if not, anytime. I've labeled blue wave (1) and (2) in and priced out a short term target of $0.82 or so. the MACD is looking attractive and a rise would help carry prices higher.

Please review these Tutorials on Laddering! and Buy/Sell Setups!. These books: Elliott Wave Priniciple & Technical Analysis of Stock Trends arehighly recommended!

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Legal Mumbo Jumbo: 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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wow very very nice post.I like it.
I love your post.
plz reply my comment
and my post upvote plz

Stop begging for up votes. Pfffft

Good day and always thank you for your posts. You used to have an EOS wallet but it looks like it is replaced with a BTS wallet, may I be inquisitive and ask why? I thought you loved EOS.....

I prefer the BTS for now. I have enought EOS

...sweet TA skills.......promo†ed & up√oted via @cnts :]

this is beautiful

Thanks Haejin , Could you please do a analysis about Voxel (Box) and ETP.

Thank you Haejin! This was exactly the information I was looking for. Upvoted of course!

Been patiently waiting for IOTA come back. Hopefully it's finally about to take off!

Haejin, I really dig your enthusiasm. It's contagious! Your blog is awesome, learning so much. I wish you MASSIVE PROFITS sir!

Kaboom! You nailed it.

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