SUMMARY
IOTA is correcting or more so consolidating. The bulls are reloading their mojo! I see it as shown below as one pathway. Don't forget, Cryptos LOOOOOVE triangle patterns. Here is the a,b,c,d,e forward discern. The white impulse waves show higher highs to be expected.
The alternate is shown below where the correction could be a classic a,b,c flat pattern. Eventhough the path is different, I believe the destination is the same...UP!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**