TradeTravelChill

ISOTBTC starting to turn bullish. Possible long term trade idea

Long
BINANCE:IOSTBTC   IOST / Bitcoin
IOSTBTC

Starting to look like it’s turning bullish . After a long term downtrend, stellar was stuck in sideways consolidation for some time. Within this zone it’s now starting to create HH & HL’s.

I’m looking for a breakout of the 85 sat level, retest and will take a long from there. EMA’s need to turn up and widen also to give me confidence of a bullish trend forming.

Volume is starting to pick up also.

First target of 314 seems very likely which would be a 266% gain if holding long term.

This trade is based off the weekly chart so patience will be needed as it will take time to reach these massive targets.

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