TradingView
Dyviumld
Jul 2, 2018 3:39 PM

IOST/BTC Correction Over ( 3rd Impulse Coming) Long

IOST / BitcoinBinance

Description

Many alts have found market bottom after the recent crash with a promising reversal on the way.


IOST Has finished ABC correction after 1st impulse.

Hidden Bullish Divergence is clear with BOTH RSI and STOCH. MACD is also crossed over bullish.

R/R for this trade is -25% for a chance of 142%.

Buy in - 400-420

Targets:

477
616
766
973

Stop Loss: 289

Comment

Great point to average down you position here, Keep stop loss in mind and this trade should god smoothly.

Comment

Daily Candle did not manage to close below our stop loss, We are on our way to our targets
Comments
kalyanramy
Is this still valid?
Dyviumld
@kalyanramy, Yes respect stop loss however and keep in mind this is a mid - term trade ( 1month ETA)
More