Wedge forming on 4 hour / daily on IOST cryptocurrency currently ranked #79 for marketcap.
Should BTC sustain its level and continue upwards, IOST has massive potential for a breakout that continues past all-time-highs. As of this writing it is not too far above its ICO value, and its price is low and undervalued due to all the market chaos that has happened in the past few weeks. Accumulate now, as we may never see these prices again.
Chart says it all. This is the first decent uptrend of IOST/ETH. Long until BTC/USD hits 10K.
0.0008324 looks like the baseline for now. From the red line (0.0008324), the price will probably jump and hit the top of the blue triangle, and It will gradually gain a momentum to hit higher price following the Fib Time Zone. Before dramatic trading volume increase (of total crypto market), keeping short-term trading is not a bad idea.
0.0008324 looks like the baseline for now. From the red line (0.0008324), the price will probably jump and hit the top of the blue triangle, and It will gradually gain a momentum to hit higher price following the Fib Time Zone. Before dramatic trading volume increase (of total crypto market), keeping shortterm trading is not a bad idea.
If the EMA 55 strategy works... IOST will raise as soon at the EMA's go Yellow (9), Red (18), White(21), Blue (55) (in that order) There will be a price spike. Somewhere between 6 - 12 AM there should be a price spike. I'm interested to see if the strategy works. Granted, this is on a 15 min candle.... which is less accurate than say a 4 hour window, I think...
Have we finally broke through the low point and start shooting back up to .00014588?
Chart shows support at .0008; expect a breakout if volume picks up. Set stop around .00075.
This coin loves harmonics!!!