IOTA
Short

IOTAUSD | Parabolic move ends for now?

Updated
We see a clear Elliot wave structure with a possible completion of wave 5 in conjunction with a major resistance zone. The 4H candle also looks bearish, enough reasons to open a short position.
Note
Smaller TF update

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Trade active
smaller TF update: looks like wave 2 is forming, the volume is very low expecting a move soon.

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Trend AnalysisWave Analysis

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