We have a down channel that has just been broken very nicely
We have a strong rising trend on RSI as well
We have a higher stability than the Moving Average 100 and we have an upward discount
The pattern is canceled if the day is closed with a strong bearish candle below the green support area
Entry price is 0.00943
The first target is 0.00970
IOST PA exhibiting an interesting pattern when bottom. Chart speaks and so we listen!
The bottom pattern is slightly smaller or less volatile than the last, which I believe is a sign of maturity (less manipulation).
It's true that 5 is slightly more pronounced in the previous bottom but again most likely due to manipulation. So we can disregard the long wicks....
IOST is gearing for a bull move next. MACD is turning green. RSI is turning bullish. The stars are lining up.
Will there be wick down the bottom of the wedge to shake things out? If so I'll be sure to buy more.
today we have a good risk to reward Investment opportunity
it is more than 420 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed...
Hi dear friends, hope you are well and welcome to the new update on IOST coin with US Dollar pair.
Previously we caught a nice pump of IOST as below:
On a 4-hr time frame, IOST has formed a bullish BAT pattern for another bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss,...
September has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
IOST has a negative overall sentiment...
The downward price formation of IOST continues. The price is testing the support level of $0.01350
Based on the analysis of senior timeframes, it is possible to assume the continuation of the downward price trend to the levels of January 2021. In this case, we can consider the set of medium-term positions, which we can gain at the support level of...
Hello guys, welcome to this IOST update.
IOST is at the breakout. I am expecting a good rally on this coin if we have a successful breakout.
Entry-level (If it breaks out and retests): $0.0136 to $0.0138.
Entry-level (If it rejects the resistance trendline): $0.0127 to $0.0131.
Stop Loss: $0.0123.
Note: You can buy...
IOST is taking off from a strong daily structure support.
The price formed a cute head & shoulders pattern on that
and then broke its neckline, confirming the strength of the underlined structure.
I expect a pullback to 0.0153 / 0.0156
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
IOST announced creation of their own stablecoin, hence, everyone decided to long, we can see it by volume at top.
Right now a lot of people are trapped and can be liquidated, that's why I plan to take short
From technical point of view:
⭐️ BTC bearish
⭐️ Level is seen on all timeframes
⭐️ Volume is at top
⭐️ 6th touch
⭐️ Level is 52 days old
⭐️ 35 ATR
- BTC is bearish
- Trend is bearish
- Level is clearly visible
- 4th touch
- Level is 15 days old
- The coin is in the end of formation
- Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please...