IOTA apparently touched bottom at $0.33, after that started a set of 5 impulsive waves to almost $0.5.
The correction is taking place, and it's looking like a very prominent Bullish Flag. Prices might start an impulse right now breaking with impetus the resistance it is sitting on right now.
In my opinion, the correction is not done, a final wave down could get us to test $0.4 again (0.618 correction), that's my primary count, starting the next five wave combo from $0.4 up to around $0.6 (1.618 extension).
The correction is taking place, and it's looking like a very prominent Bullish Flag. Prices might start an impulse right now breaking with impetus the resistance it is sitting on right now.
In my opinion, the correction is not done, a final wave down could get us to test $0.4 again (0.618 correction), that's my primary count, starting the next five wave combo from $0.4 up to around $0.6 (1.618 extension).