IOTA is in a great entry position at them moment. Since its high, it has retraced back to around 0.00012, which is about at the 0.786 Fib retracement level, the perfect time to enter. If we take the recent movement as the first and second elliot waves, then we can expect wave 3 to reach around 0.00037, or (less likely) 0.0005. This is supported by the fact that we have seen a reversal in the MACD. If we do see a run to these prices, then we can expect to see a retracement of around 30-50% of that movement, so I'll be looking to take profits at both areas. Entry under 0.00015 is a great buy