https://youtu.be/E1OLI2J9iaw

Iota has been a heck of a ride. We've all enjoyed immensely the rewards. I've made a few predictions along the way up:

![IOTA - November 2 - Long Term Forecast.jpg](https://steemitimages.com/DQmTKkFkxek5sMnykVs3FMGSfswAXC5aCMfJ6BhfmAa6Kqu/IOTA%20-%20November%202%20-%20Long%20Term%20Forecast.jpg)

![IOTA - November 15 - Long Term Forecast.png](https://steemitimages.com/DQmZgbjwGaMmT9hNM8aEiQgCjeaQCAX2nbJDpBikC43dDEr/IOTA%20-%20November%2015%20-%20Long%20Term%20Forecast.png)

![IOTA - November 16 - Technical Analysis - Long Entry - $0.67 to$0.75, Target $0.90 to $1.04.png](https://steemitimages.com/DQmbtY7rPGSuQNp78EB3MZ5A6Sz6xdHM9kEyVyYsjpWWKhk/IOTA%20-%20November%2016%20-%20Technical%20Analysis%20-%20Long%20Entry%20-%20%240.67%20to%240.75%2C%20Target%20%240.90%20to%20%241.04.png)

![IOTA November 20 Technical Analysis, Long Buy in $0.825-$0.870, T1 $1.00.png](https://steemitimages.com/DQmf2MufJ3ZK5s4pFESMoQGHSj8bgd9uQPJZ7Go7okXYn91/IOTA%20November%2020%20Technical%20Analysis%2C%20Long%20Buy%20in%20%240.825-%240.870%2C%20T1%20%241.00.png)

We saw a beautiful 5 elliot wave run up:

![](https://steemitimages.com/DQmTqt9Mq4DmzjZuR1Gj8e3AUuZAJA8zA5G6EUsXYMXmfo5/image.png)

Then we saw a flash crash. This happens often as massive profits are taken and people are still in leveraged long positions. Cascades and triggers of stop losses creates a domino effect. When in a long, you have to sell to close. But when flash crashes happen there aren't enough orders to fill accordingly.

![](https://steemitimages.com/DQmbrB9jeTJF6RYQupxCnZDeyu6cqp8a462RxdPVrrLtoRU/image.png)

We see a healthy retracement of flashing to 0.786, then solid support between the 0.382 and 0.5 fib region.

![](https://steemitimages.com/DQmVx3FRaZovr1TWFdU1DVq4Q7i2y9aujJsGtb4VMLBwkSw/image.png)

We see a healthy consolidation in the for m of ABCDE forming, and upon breakout at the APEX, a symmetric triangle can break up or down. Due to the bullish market sentiment, my thoughts are to break up.

First target will be to break the $5.80 high. Wish a beautiful risk to reward ratio of 4.89.
Entry upon breakout between $3.40-$3.65, depending on where support and consolidation finishes.
Stop set at a round $3.00.

![](https://steemitimages.com/DQmUqRBu3KNvqTFqUhs9aNEyFMk8GTFAfXJ1ieJhXGscp62/image.png)