IOST has become quite a buzzword in recent weeks. All news and events around the Defi projects promise to be implemented in the 3rd quarter of 2020, that is, by 30.09.2020.
If these news and promises begin to be fulfilled, they can provoke a breakthrough of the level $0.00815 up to the zone $0.01395-0.01495 (we have seen more than once how coins can grow on...
Daily Ascending CTL (Counter-TrendLine) has been broken. As a reversal pattern we have got a Head & Shoulders formation on the Daily. I will be looking for a break and retest of the neckline (1.70350-1.7000) before going short.
Target 1: 1.67500
Target 2: 1.6500
Target 3: I will use my method to keep trailing stops using the Daily Time Frame until I get stopped out
Only the 4-Hourly chart, USDJPY has retraced back into its buy zone. On the M15 timeframe, the market has shown a head and shoulders bottom with RSI Divergence.
The aggressive trader could wait for the market open and Long this pair right away.
A slightly conservative trader could wait for the retracement before engaging the trade and a more conservative trader...