Even though we can see there was a big movement several days ago in IOSTUSDT, it doesn't mean IOST/USDT has broken out from the huge and long bearish highest price trendline. So to make sure that IOSTUSDT has entered bullish market, IOSTUSDT must be pushed higher than the trendline (Break out). After IOSTUSDT break out from the bearish trendline, it can be...
Priceline of IOST / Bitcoin has formed a bullish BAT pattern and entering in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic RSI is oversold and in bear cross for so secure trade we...
As we've seen that IOST had breakout the trendline and mid range, i'm expecting that will be Higher High after the pullback of breakout.
Good place to buy is at pullback zone mid range / fib 0.145 : 0.00000070 Price
Good place to sell is at high range / fib 0.382 : 0.00000080 Price
Good place to set stop loss is below the mid range : 0.00000068 Price
The price action is moving within a pennant.
This time IOST has hit the pivot 1st support 2nd time and it can be a double bottom formation.
The MACD's histogram has given weak bullish signals on week chart.
The one year fixed range of volume profile is showing very weak interest of traders below this pivot support.
The price action may hit the sell targets soon...
IOST is in strong support and is ready to increase strongly in June. We should buy some and hold mid-term, I think the profit will be very high
Buyzone : buy as close as 145sts as possible
Targets : 170-185-200-210-225-250
Stoploss if price is lower than 145
IOST looks ready to explode again after getting rejected from local highs
A nice rounded bottom has formed and could be ready for its next attempt higher if BTC continues to consolidate at these prices
We are at the POC and a good spot to look for longs as downside can be limited with a tight stop
As you see we just bounced off of the support in the RSI
MACD crossover about to happen
Stochastic RSI indicating an upward momentum
Black Support line could be used as stop loss
Fundamentals are behind it
** This is not a Financial Advice DYOR**
Looks like were playing in a, "No Trade Zone", right before a breakout that is clearly bullish over the long term. Seeing as how i bought the bottom(by sheer luck) at 110 and the lowest it could possibly go is 130 there's really no reason to take a risk by missing a crazy run-up. As for everyone who's been HODLing for a while, you're really in the same boat. If...