FX_Academy

IOTA (IOTA/USD) in an ABC correction - more downside expected

做空
BINANCE:IOTAUSD   IOTA
Market correlation is very strong, and it looks like IOTA is lagging behind other coins. If you look at Bitcoin you can see the same pattern - after a falling wedge in which the price corrected in an ABC Zigzag manner, there was a motive wave and after that wave was completed another corrective structure appeared which went to retest the starting point of the motive wave. That's why I said that IOTA is lagging behind. I am expecting this ABC correction to end at the beginning of the prior motive wave and retest those lows.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。