IOTO / USD (Short)

Based on Elliott wave analysis - we are at the beginning of the 3rd pulse wave. If we pass level 1.50 usd - it will add more confidence that we are exactly on the 3rd wave and you can buy a coin. It is supposed to rise to at the 1.168 FIB level of the first wave, i.e. in the area of 2.00 usd.

Profit plan to fix at the peak of the 3rd wave ( the level at 1.618 Fibo)- 2.00. In this case stop loss set below the level of the wave 2 3 - 1.28

Buy: around 1.30

Goals:
TP 1: 1.50
TP 2: 2.00

Stop-loss: 1.28