New trend line forming

BINANCE:IOSTBTC   Internet of Services / Bitcoin
As you can see we had 3 bounces on the trend line , which led us to my second target at 0.00001300 satoshi. Now retracement to the 0.2 fib has occurred and another 3 bounces on the down trend. The trend is back on the upside if we can have 3 bounces on the new upwards trend line we should have a breakout. MACD is showing signs of oversold.
I am still learning and improving my techniques with trading view.
Note this is not financial advice, only technicals to help understand the charts.
Coinmarketcap has the circulating supply


stop loss 0.00000710
Targets 0.00000900 reached*
0.00001300 reached*

Reminder MSP (Mothership) is having an airdrop for a new ico on their platform click the link below, airdrop pool is almost depleted. Once it is finished they will ask you to send them your ETH deposit address to receive your free coins.

IOST Deposit Address 0xfea15d91322b90aaf9d0cde9bb41752e46bc5a8f
Trade active: Third bounce just happened, trend line angle was a little off since I was making the chart as the downside ended.. GLtA
Comment: Increased stop loss to 775, want to make sure we continue having higher bottoms. Keep in mind a pennant is forming and it will need volume to breakout to the upside.
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