cryptnomic

IOTA correction down to 1.5$ range

Short
cryptnomic Updated   
BITFINEX:IOTUSD   IOTA
IOTA had a massive move up due to the recent new.
Like they say buy the rumour and sell the news
IOTA is doing ABC zigzag now. Wave A is almost finished, expecting a bounce soon to complete wave B and then a final 5 waves down to finish off C leg.
Comment:
IOTA just finished putting the B wave and will make another leg down to put in the C wave to complete the ABC.
Expect target near $1.5

Trade active
Trade closed: target reached

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