Hi dear friends, hope you are well and welcome to the new trade setup of IOST coin.
Previously we had a nice trade of IOST as below:
Now on a very small time frame 2-hour time frame chart, IOST has formed Gartley pattern .
⏳ Spot
💎 : IOSTBTC has broken above the Ascending triangle and a significant resistance. After the Pullback it will continue going up.
🏁 Short Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.00000080
☕️ TP1 0.00000100
🍺 TP2 0.00000105
🍻 TP3 0.00000110
🍾 TP4 0.00000115
🍷 TP5 0.00000120
🍸 TP6 0.00000150
🍹 TP7 —————
🎁 TP8 —————
🚫 SL...
Trading Signal:
There is a Trading Signal to Buy in IOSTBTC
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.00000075
⭕️SL: Close Below 0.00000055
🔵TP1 @ 0.00000125
🔵TP2 @ 0.00000185
🔵TP3 @ 0.00000285
#Pullback_Strategy
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IOSTBTC is creating a pennant below the weekly resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow...
Hi followers,
maybe bottomed on the 23 Jun, 2021, as since then the pair formed an impulsive move, which followed by triangle correction, which now seems to be broken to the up side.
This behavior suggests higher highs soon.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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ANALYSIS 🔎
- IOST/BTC hit a swing high (@0.00000150) and retraced for a retest of the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There was a relatively high concentration of buyers at the retest zone.
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish...
Looks like IOST is moving in that price channel,it hit the lower trendline and now it could bounce back up, noticed that 46 RSI level is acting as support in this bull run. Watch the 59.70 RSI level as it shows resistance.
Entry : below 118
Target : 194 - 213
Average Profit : about 70 %
risk-reward ratio : about 3
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This is not financial advice
Sincerely, Little Bob
