IOST is really bad now, because it is heading to 30sts in this October or November.
So we shouldn't hold it and wait for a bullish sign for buying it back.
Note : This coin is also a pump-dump coin so it might pump anytime so you should keep an eye on it if you are holding it!
-IOST came back strong and broke the trendline resistance
-The next possible scenario is to retrace and test the old resistance
-If the old resistance turned support, it will signal a strong reversal
-The potential upside target is up to 86 sat - 108 sat in the midterm
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk...
there is a few reasons for this bullish moment..
11 September 2020
Pumpkin Staking & Mining
"IOST’s Version of $SUSHI— Pumpkin, Pump Jack-o-lantern will go live on Sep 11th!"
30 September 2020 (or earlier)
DeFi Exploration & Apps
"Explore DeFi, complete and land at least three DeFi applications," during Q3 2020.
30 September 2020 (or...
Buying around 0.00000060 - 0.00000051
1 - 0.00000079
2 - 0.00000089
3 - 0.00000102
Fixing below 0.00000047, the price will probably turn into accumulation
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Waiting for your comment, what do you think about this?
IOST has just escaped the short term downtrend and is ready to test the 70-73sts and break out of this zone and rise to the 90s - 105sts and even 145sts zones in September.
If you want to buy IOST, the best buy zone would be 60-65sts
Starting to look like it’s turning bullish. After a long term downtrend, stellar was stuck in sideways consolidation for some time. Within this zone it’s now starting to create HH & HL’s.
I’m looking for a breakout of the 85 sat level, retest and will take a long from there. EMA’s need to turn up and widen also to give me confidence of a bullish trend...