IOTA Is Looking For A Bigger Recovery

2023년 5월 26일

IOTA with ticker IOTUSD made an impulsive recovery into first leg (A)/(1) at the beginning of 2023 after we spotted a completed 5th wave at the end of 2023.

It made a deeper decline recently, but it can be also trading in final stages of wave C of a higher degree A-B-C corrective drop within wave (B)/(2). However, to confirm support in place and further rally for wave (C) or (3) at least towards 0.30 area, we need to see a rebound back above trendline and 0.20 first bullish evidence level. Bullish confirmation is above 0.24 region, while invalidation level remains at 0.15.

2023년 5월 30일

노트

IOTA is now above trendline and 0.20 first bullish evidence level. More gains coming?