As I expected in the past analysis for IOST ,it was be able to exactly hit my TPs according to my prediction 🎯 more than 2000 % profit💰
so now!
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📊Technical
And as you can see on WEEKLY timeframe for IOSTUSDT it has printed some pattern look like btc( or maybe double top pattern ) and , we can see that 14EMA has been crossing under 20 ,50 ,100EMA respectively, and recently its ascending trend line was broken , thus we have alot bearish sign for it that maybe cusses more fall in medium term , but I think it probably have a quick upward movement as a pullback before more decline in the short term , so it can rise to VG or resistance zone in the next weeks or months or even drop more if loses the support zone ,and fall to Lower support level in this case .
anyway in order to have any possible rally in the long-term ,it should be able to go above the resistance zone and also descending trendline .
🛑resistance level: $0.04377 - $0.051 /// descending trend line
❇️support levels: $0.017 - $0.02 /// 0.00893
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
-------------------------------------------------------------------------------------------------------------------
📊Technical
And as you can see on WEEKLY timeframe for IOSTUSDT it has printed some pattern look like btc( or maybe double top pattern ) and , we can see that 14EMA has been crossing under 20 ,50 ,100EMA respectively, and recently its ascending trend line was broken , thus we have alot bearish sign for it that maybe cusses more fall in medium term , but I think it probably have a quick upward movement as a pullback before more decline in the short term , so it can rise to VG or resistance zone in the next weeks or months or even drop more if loses the support zone ,and fall to Lower support level in this case .
anyway in order to have any possible rally in the long-term ,it should be able to go above the resistance zone and also descending trendline .
🛑resistance level: $0.04377 - $0.051 /// descending trend line
❇️support levels: $0.017 - $0.02 /// 0.00893
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
