IOTX Undervalued Falling Wedge

IOTX is breaking out of a falling wedge. Using some good old fashion Elliot wave it should Retrace to 622-631 area great buy for today; Sell between the next major resistance 734-757. This is a good 10 % play today but it all depends on bitcoin will it hold for IOTX to make its move? Normally right before Bitcoin pulls back an alt coin will hit its final target then have its pull back with btc. I also believe this IOTX will go even higher but here we are focus on one target at a time something that can happen in the next 24 hours
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