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IOTA - wave update

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BITFINEX:IOTUSD   IOTA
Like all the other Cryto's , IOTA has made a strong movement in price recently.

The idea is to continue to the upside from the recent consolidation.

Consider entry around the .5 fib retracement of wave 3 at the R3 monthly pivot of $ 2.93.

The target is looking ahead towards $ 8.00

The idea is invalid if price closes on a daily bar below the .786 fib.

Risk Reward is 3 :)
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