IOTA: Guess who’s back 🎤

„Guess who’s back,
Back again,
IOTA’s back,
Tell a friend.”

After its short trip above the support at $0.9810, IOTA is back in the green zone between $0.8968 and $0.7442, imitating Eminem in his song “Without Me” by proclaiming:

“Now this looks like a job for me,
So everybody, just follow me,
‘Cause we need a little controversy,
‘Cause the green zone feels so empty without me.”

We expect IOTA to continue its way though the green zone until its lower end at $0.7442. Just below this edge, IOTA should complete wave c in orange as well as the subordinate wave (ii) in blue and shoot up afterwards. However, there remains a 45% chance that IOTA will not manage to turn around shortly below the green zone. In this case, it should fall deeper still below $0.5736.