AlphaWolf-Prime

IOTA / USD - Strong breakout approaching.

Long
BINANCE:IOTAUSD   IOTA / US Dollar (calculated by TradingView)
Basic cycle theory.
Parabolic wave, breakdown, lengthy bear market and consolidation phase - now followed by an upward move which leads into the next sizable parabolic wave.

Comments

Check out the nice inverse h&s on the monthly.
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So it broke the red zone - big news on the way so maybe the Orange is ready to go to. Good luck!
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Waiting for a break of the red zone. Followed by a push to the orange zone - which will also need to break.
Then the next stop should be $1.
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