gGYSRin

Internet Of People. Too much divergance per one chart.

Long
gGYSRin Updated   
BITTREX:IOPBTC   None
Main levels:
Support:
21EMA, 13EMA, 20MA.
Resistance:
50MA, 30EMA (nearest overhaed resistance), 0.786 fib. retracement
Buying signal:
1. MACD - bullish divergance class A (on main chart)
MACD gistogram (bar chart) - bullish divergance class A (on main chart)
2. 13EMA and 20M crossed - gold cross.
3. RoC and Momentum indicator - bullish divergance class A:
4. %R and OBV - bullish divegance class A
5. RSI and STOCH neutral.
Sold signal:
Volume20

News from developers:
coinmarketcal.com/?form[date_...

Conclusion: Buy and wait!
Use 1H chart for searching enter point.
Stop Loss: 0.00020148

Take profit: according Fib. retracement

Have a nice day and good profit! Good Luck!
Feel free to comment it very important for me.

Comment:
Nice oportunity for load more.
Comment:
I'll add to my position each time price touch uptren line
4H chart:
Comment:
Comment:
I just remind you: each time price touched uptrend line you can add to position
4H chart:
Comment:
IoP lacks volume to move up. You can tight your stop loss 0.00022835 btc and each new minimum reload, as option(dangerous use it automatical very big stick and you can lose your position, maintain SL manually). This is not my way, I will hold.
Comment:
Watch out bullish divergance! Reload when next stick of gistogram will be less that previous.
4H chart:
Comment:
Comment:
Next bottom of gistogramm should be less
Comment:
Divergance is completed. We have new support line, so latter you can use it like stop loss
4H chart:
Comment:
We have heavy overhead resistance RED line. Then road free till to 0.00027-0.00028
4H chart:
Comment:
Here explanation why we move so slowly, as you can see after breakout of 30EMA was some consolidation. Now IoP tried trying to breakout 50MA, it's powerrfull overhead resistance. You can maintain Stop loss at breakeven point or under 30EMA. You should note I close position manually, reason is high volatility.
1D chart:
Comment:
Comment:
Dont forget booked profit. Take profit denenp on your greed or patience.
Here Fib.lvl:
Comment:
We have nice run. Time to make break, sit back and wait. Here resistance om 1W chart:
Comment:
Here 1D chart (ORANGE 100MA and RED 200MA):
Comment:
Ascending traingle coming on 1D chart. PINK line new trand line. Maintain SL under 30EMA
1D chart:
Comment:
Good bullish setup if cadlestick will close in green. If no, You have many option: close possition if sustain under 1st trend line, add position if price touch 2nd trendline and start recovering. SL maintain 23,6% fib. retracement (~0.00024700) or 30EMA.
1D chart:
Comment:
Sorry, I was really busy past few days. But I prepare detail analize of IoP, so here 1D chart:
We have:
MACD going bullish, BLUE line trend line, nice support 30EMA and two pattent symmetrical triangle (1) and ascending triangle (2)
Green box load level
Aqua-blue box particulary profit level.
Stop loss under 50MA in case of trendline break.
Comment:
We close to our SL, dont be afraid, if it emerge. We still in profit.
Comment:
IOP bottomed at support (RED line)
Risky reload option: after sustain about DARK-GREEN 1W trendline SL: under RED support line
Safety reload option: after sustain about RED resistance line, inside GREEN box
1D chart:
Trade closed: stop reached:
I re-open this trade.
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