IOTA Update: Triple ZIG & ZAG ???
IOTA has morphed into a very complex correction called the triple zig zag in EW and counted as wxyxz pattern. It's too complicated to explain here but safe to say that it is one of 36 possibilities. Corrections are often very difficult to count given so many possible patterns. However, if this correction is a triple zig zag, then per the chart below, it should finish in a day or so such that the uptrend could resume.
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
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.
Let's hope so I just bought 140 more at 72 cents to the Moon!!
But keep more dry powder as the Bitcoin Bear is upon us.