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...
If you search on my profile i've posted IOST long and have a quite nice profit short-term trade. Even that published chart is still on play, i'd like to highlight another short-term rally that would occur on IOST!
At the moment 180-190 sats should be something you need to consider (:
Because the chart is bottomed. I really don't want to type a lot at the moment. Will catch up on the comment section of mine for more detail later. Why I'm publish this right now, because in the crypto game, momentum is everything so i don't want to lose that.
Detail on the comment. IOST is on accumulation phase and sitting pretty. Targets you can see on the...
