- Forming Falling Wedge Pattern in DAILY TF But Need Some Spicy Volume to Breakout..(Bullish Pattern)
- Printing RSI + MACD Bullish Divergence As Well in DAILY Chart..(Bullish Pattern)
- Forming Double Bottom As Well..(Bullish Pattern)
- Expecting 80-90% Profit if Breakout in 4-5 Days..
Buying Range : 50-55 Sats
Priceline of IOST / Bitcoin has formed a bullish BAT pattern and entering in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic RSI is oversold and in bear cross for so secure trade we...
Bitcoin dominance has broken the triangle down. We expect good movements on many violas. Here is a good setup that has already shown its worth in practice.
Exchange : Binance
Buy Zone: 0.00000065 ~ 0.00000063
Target Point: 0.0000007 / 0.00000074/ 0.00000078/ 0.00000082/ 0.00000087
Term: Middle - Short
It`s making Descending Triangle
There is hidden bullish divergence in RSI and The Volume is almost down
It`s ready to pumping...
As we've seen that IOST had breakout the trendline and mid range, i'm expecting that will be Higher High after the pullback of breakout.
Good place to buy is at pullback zone mid range / fib 0.145 : 0.00000070 Price
Good place to sell is at high range / fib 0.382 : 0.00000080 Price
Good place to set stop loss is below the mid range : 0.00000068 Price
Exchange : Binance
Buy Zone: 0.00000067~0.00000061
Target Point: 0.0000007/ 0.00000074/ 0.00000078/ 0.00000082/ 0.00000087
It makes Falling Wedge both Chart and RSI
It`s time to go UPPPP!!!
Investment is your...
There we can see a good potential for a growth. Why? The price has absorbed the recent downward movement and broke the strong resistance. Moreover, there is a bullish convergence on RSI. Recommend to buy in the orange rectangle, targets are on the chart. But be careful with $Altcoins now, tomorrow Binance will stop its work with US users and no one knows how will it end.
Althogh IOST has network release this month, so far chart doesn't look very promissing unless this is the bottom of retracement. It very well could be as This zone worked as support twice already, but the same fact makes this support weaker then before. So not buying yet, only monitoring. If bounce, it can grow to 72 (bearish scenario), 75 (more bullish) and even 82.