Technical analysis: . ISIMPLETOKEN/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. . The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is still...
Technical analysis: . ISIMPLETOKEN/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. . The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . There is still...
Technical analysis: . IOSTOKEN/DOLLAR is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. Trading suggestion: . The price is in a range bound and we forecast the...
Technical analysis: . IOSTOKEN/DOLLAR is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. Trading suggestion: . The price is in a range bound and we forecast the...
ISimple Token seem to have found the bottom at $0.023 level. The support level is seen at 78.6% Fibonacci retracement, that is $0.027. This level today has been rejected along with the 3/1 Gann Fan trendline, while the price produce a new high high. Simultaniously, IOST/USD is breaking above the downtrend trendline, and this combined price action suggests the...
IOStoken bottomed out near $0.016, after which the uptrend begun. Price broke above the 50 Moving Average as well as the downtrend trendline. IOST/USD continues to steadily climb up while rejecting the uptrend trendline. Fibonacci applied to the first corrective wave down after the breakout of the Moving Average shows that IOStoken has rejected 227.2% level,...