ANALYSIS 🔎 - IOSTBTC has been on a mid-term uptrend. - The uptrend is supported by the ascending trendline support (ATS). - Price is testing the ascending trendline support. - Price action is printing a pennant (P) pattern. - A pennant pattern is a trend continuation pattern. - A bullish continuation pattern in this case. - There's a breakout potential. BUY...
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. This chart might indicate signs of reversal soon - Based on fibs and fibs. Scenario 1: A breakout happens, then FOMO long :) Scenario 2: IOST offers a nice pullback into weekly / 618 levels Target is a global 618 Retracement / Local 1.618...
BINANCE:IOSTBTC very potential gain 50% profit
IOST BTC pair forming daily inverse head and shoulders off the Ichimoku Kumo cloud and 2 big buy signals before. I'd expect it to complete the IHS, break out and push to the measured move of ~77%@66sats
breakingout 200EMA 1st Target 107 Satoshi
Sitting on key level not broken since 2019. Green lines for take profits.
if you zoom out you can look that IOST has a lot of room to grow against bitcoin, and is getting started Whit the MACD and the RSI stochastic we can see that the trend reversing will be confirmed IOST has a ton of institutional partenrships and a totally new Proof of Believability that makes the fundamentals insainly bullish You're still early to join the...
ANALYSIS 🔎 - IOSTBTC is supported by the ascending trendline support (ATS). - The market hit a swing high and retraced. - The retracement is resisted by the descending trendline resistance (DTR). - Price is testing the ascending trendline support and key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this...