- We can cleary see a head and shoulders pattern on the weekly candles, which give us great buying opportunity
- The price is above main trendline, and above head and shoulders neckline (breaking out)
- Target is around 0,1 USDT
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The long unremarkable coin IOST remind of itself very loudly :)
On 8 January, 2021, IOST co-founder Jimmy Zhong tweeted: "On 16.01.2021, expect a 'big' announcement." This was done just in the consolidation, when it was necessary to break the white uptrend. And the process went on, and how it went), such an intriguing tweet brought investors x4 in a...
What we see now :
1- the price at 0,023 $
2- the resistance level at 0,015$ “ we have to wait for daily confirmation “ to turn the resistance to support level
3- there is three positive buy signals yet are active
4- the price cross ATH
What we do now :
- wait for daily confirmation closing and turning the resistance to support and with positive buy...
IOST is heading towards and breaking down of the 0.008$ zone. This is the resistance zone that has continuously rejected IOST for 1 year now. Currently IOST has formed a Head & Shoulders pattern and this is the best chance for IOST to break through it to move to higher resistance zones at 0.013$ and 0.015$ by early 2021.
-Buy: 0.006-0.0063$.SL if...
IOST FORMING A CUP AND HANDLE
i dunno why but i never go for the full 100% lets see where it goes..
i try to learn where to find the sweetspot on these CUP & HANDLE Patterns and ofcourse there is google but i try to make it better to enter the market on this one.
so would like to see some suggestions from people who are more experienced in this.
if anyone would be willing to give their take on this 4h chart for IOST/BTC I would greatly appreciate any input. It has far exceeded my projections and capabilities, but I would like to get some input re: SL and possibly adding/reentry etc.
Thanks in advance!
IOSTUSDTP and AKROUSDT Long Trade
Signals: Red -> Green
Context: Green for AKRO
Trade close manually when: the above ribbons turns Yellow or better Red.
I appreciate your like or comment. Welcome to share your idea here.
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be...
IOST is in the main trading range of $0.005150-0.006126.
Dynamic support for the price is provided by MA100 on the daily timeframe.
The local buying liquidity buffer is in the range of $0.005550 - $0.006126 where you can accumulate the first part for the long position.
To reduce the risk in case of a sharp dump, the second part of the long...
IOST looks on fire from this level. I will open 50% of full trade long now If btc stays here. (0.005161 - 0.0052)
In case of dump im adding the rest 50 % at the price of 00.4520
In case of breakout im adding the rest 50% at the price of 00.5743