🔥💥🔥💥 EXTREMELY update for #IOST 💥🔥💥🔥
🚨Simply words, elliot wace analisys on weekly chart
🚨A great chance for long term trade
🚨BUY THE DIP
MACRO VIEW (Since 2021)
Wave 1: Massive pump in early 2021
Wave 2: Sharp correction into mid-2021
Wave 3: Huge rally to the all-time high (likely peak)
Wave 4: Sideways-to-down correction through 2022
Wave 5: Likely completed a final spike or failed top in late 2021
ABC waves:
Right now, it looks like we are in the late stage of Wave C of that macro correction:
Very flat price action with low volatility,phase exhaustion
Weekly RSI is at historic lows,matching macro bottoms
High Timeframe
If this is indeed the bottom of Wave C:
A new impulse wave (Wave 1 of a new cycle) may begin soon
Possible first target (if bullish reversal holds): $0.0050–$0.0062 short-term
Later target (Wave 3): $0.010–$0.014 if macro sentiment aligns
Your Position entry
entry: 0.0035$
Stop loss 0.33$ like mine
💥🔥take profit: i dont say cause i ill leave it as long s it take, i think is he greatest opportunity for now if alt season start soon(weeks,or months)
leverage for you:x5-x10
GOOD luck