After correction started from 2.20 price went down to the trend line at price 1.97 now we see reversal confirmed by head and shoulders pattern and next target as shown on fibonacci is 2.293. So Iota continues bullish trend as MACD EMA has a large space to go upward.
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As we see price went down to the Fibo zone and retraced from there, so it can be signal for reching its targets.