Wait for the 2 wave pullback than we will know targets..... Maybe a bit more up but doubt it
I am not a financial advisor and the views expressed are my opinion. I am posting this for educational purposes and I am not instructing you on whether to buy or sell IOST, or giving financial advise: I expected a sell-off due to the nature of the "Big announcement". The dump is due to people who have bought in "just in case" the price rocketed. Rumours had been...
Waiting for the possible ascending triangle breakout!!
descending triangle forming on the 1 hour. break out?
descending triangle on the IOST 1 hour. expecting a break out to the upside.
4 Hour broke out of the wedge that formed yesterday making a new high. currently on a pull back. 2 key resistances need to be broken and closed above going forward. First resistance at around 0.00004810 ETH. Buy zone around 0.00004500 - 0.00004600 ETH This is a long term investment. No targets.
Wedge forming on 4 hour / daily on IOST cryptocurrency currently ranked #79 for marketcap.
RSI is low, it bounced off the support 3 times and it's riding the support right now. Buy in 760 Sell 780 Target 1 780 Target 2 800 Target 810
If the EMA 55 strategy works... IOST will raise as soon at the EMA's go Yellow (9), Red (18), White(21), Blue (55) (in that order) There will be a price spike. Somewhere between 6 - 12 AM there should be a price spike. I'm interested to see if the strategy works. Granted, this is on a 15 min candle.... which is less accurate than say a 4 hour window, I think...