Iota have seen huge gain recently . Look the verticality of the impulse. very bullish !After impulsive wave, Iota stopped at fibo (0.60$) and now iota seem to loose energy and letting an SHS pattern showing. After TA, it seems that IOTA may correct from his huge gain (almost +90% in few days). An extension flat correction is to be expected. From an anterior point of view, Iota seems to behave with extended correction after gain.
Bearish (cup and handle, triangle correction, double top MACD) Short term : 0.40-0.45
Bullish (parabolic lows + anticipated impulsive wave) mid term : 0.82
Bullish (parabolic lows + anticipated impulsive wave) long term : 1.02
Edit : i missplaced my sub wave point III at the right of your screen. It was intended to be at 0.82.
Bearish (cup and handle, triangle correction, double top MACD) Short term : 0.40-0.45
Bullish (parabolic lows + anticipated impulsive wave) mid term : 0.82
Bullish (parabolic lows + anticipated impulsive wave) long term : 1.02
Edit : i missplaced my sub wave point III at the right of your screen. It was intended to be at 0.82.