Hello My Dear Supporters!
IOST is a coin we are watching at the moment. This coin needs to be watched carefully and it could take off at any stage
IOST has been putting in a series of HIGHER swing LOWS (My Green lines are under them). It’s a nice Bullish sign and often proceeds Breakouts. Unfortunately, it has back off a lower High to test our level. Its not a deal breaker but isn’t as good as a Higher High in these situations.
The previous hourly bar (Arrow below) has come down and tested (Hit) the 200EMA (Green line), 50 EMA (RedLine), the 0.00000444 support level, and the 78.6 Fib retracement of the whole move (Overlaid). The very Aggressive could buy here SL tucked under support, but this is very RISKY.
The conservative entry needs this hours bar to be a decisive buying bar Closing near the top and close above the last bars high at 0.00000445.
Enter if bar is closing above 0.00000445
Stop Loss 0.00000440
Targets are just before the Blue lines
0.00000494 Target 1
0.00000535 Target 2
0.00000591 Target 3
0.00000663 Target 4
Quote of the day
"The stock market is filled with individuals who know the price of everything, but the value of nothing." - Phillip Fisher
Another testament to the fact that investing without an education and research will ultimately lead to regrettable investment decisions. Research is much more than just listening to popular opinion.
IOST is a coin we are watching at the moment. This coin needs to be watched carefully and it could take off at any stage
IOST has been putting in a series of HIGHER swing LOWS (My Green lines are under them). It’s a nice Bullish sign and often proceeds Breakouts. Unfortunately, it has back off a lower High to test our level. Its not a deal breaker but isn’t as good as a Higher High in these situations.
The previous hourly bar (Arrow below) has come down and tested (Hit) the 200EMA (Green line), 50 EMA (RedLine), the 0.00000444 support level, and the 78.6 Fib retracement of the whole move (Overlaid). The very Aggressive could buy here SL tucked under support, but this is very RISKY.
The conservative entry needs this hours bar to be a decisive buying bar Closing near the top and close above the last bars high at 0.00000445.
Enter if bar is closing above 0.00000445
Stop Loss 0.00000440
Targets are just before the Blue lines
0.00000494 Target 1
0.00000535 Target 2
0.00000591 Target 3
0.00000663 Target 4
Quote of the day
"The stock market is filled with individuals who know the price of everything, but the value of nothing." - Phillip Fisher
Another testament to the fact that investing without an education and research will ultimately lead to regrettable investment decisions. Research is much more than just listening to popular opinion.
Comment:
We are continuing to go sideways and are watching for a breakout
Comment:
We are still watching
