MarketIntel

IOTA: Fly Me To The Moon 🌖✨🪐

Long
BINANCE:IOTAUSD   IOTA
Fly me to the moon,
Let me play among the stars,
Let me see what spring is like on
A-Jupiter and Mars.
In other words, hold my hand,
In other words, baby, kiss me!

After its long correction period, IOTA can finally start singing again. It has finished wave (ii) in blue and turned around just before hitting the support line at $0.5736. We now expect it to take off in the direction of $2.0842 and higher still.
However, caution is still required as there remains a 48% chance that IOTA could tumble below $0.5736 and continue the descent from there. As long as it stays above this mark though, we can join in the popular Sinatra song.
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