BINANCE:IOSTUSDTPERP   IOST / TetherUS PERPETUAL FUTURES
***IOST-SHORT***
- During many hours, price fluctuates within parallel channel (239xxx-258xxx). Price broke down at 239237, at current time price had reacted at near of FIBO extension 2.236 (21635).
- At other hand, considering candle stick model, bullish engulfing had been created. It proved that, bull side is coming back.
- Based on analyst above, price will back-test breaking point 239237 again. This is good signal for opening short entry. But this is short-term short entry so that for any trader who want to open entry, PLEASE set up stop loss based on your risk/reward ratio.
***HOPE THAT THIS ANALYST IS USEFUL FOR EVERYONE***
***MINERAL SCALE INVESTMENT TEAM***