IOST Bullish Pennant

IOSTBTC is looking bullish and showing the "bullish pennant" pattern.

Right now prices are retracing but they can easily resume back up after just a few days or short weeks at max.

The overall sentiment remains bullish after breaking EMA50 and EMA100 on high volume.

We remain bullish even if prices drop (second green arrow).

Namaste.

Previous analysis | May 25 | IOST Next Target Mapped (243%)