MikeCryptoSignals

[IOST/BTC] IOStoken ON THE MOVE [ 40-120% POT PROFIT ]

Long
BINANCE:IOSTBTC   IOST / Bitcoin
#IOST / BTC ( Binance )

Buy Range : 185-190
Stop Loss : Weekly closed below 175

Target 1 : 243
Target 2 : 316
Target 3 : 431

IOST touched the lows on different times since Aug of this year and bottom could be consolidated soon. On short-term, IOST is being pushed up and it could do a good breakout soon.
According to weekly chart ( most important overview ) , this coin looks so good if we look into MACD ( nearly to cross ) , Stoch RSI pointing up, RSI making higher high after touch oversold zone and CCI into the way to turn green on the next month..
Volume isn't great but we could see some big spikes on the low timeframes. Sell pressure dissapeared and i think it could be a very nice moment to go in.

Good luck
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