1) Healthy upward movement from the 0.5 fib
2) We are heading out of the
3) The is finding its balance after the last ATH , and seems to gather strength
If these signals keeps strengthening the coming days, we might soon see a new surge in IOTAs price towards the 1.618 fib around $9. Taking into consideration IOTAs strong fundamentals and future announcements that has been talked about by the IOTA team, we might be in for a hell of a ride!
If you have objections to any of my points, please leave a comment. I'm always open for opposite viewpoints and I'm still learning. When I published my last idea on IOTA, I failed to look at the big picture and got stuck on smaller time scales. Lesson learned.