While IOST hasn't seen it, the base price is 0.00686290, 100MA.
It is far from the historical downtrend line and far from the base price of 0.01050258.
Keeping prices above 100MA and 0.00686290 points, we believe 300MA, the downtrend line and the touch of 0.01050258 points are important challenges.
If we go back below the 0.00686290 point and maintain our...
I think one of the coins with a high volume of trading in a similar coin market cap ranking is IOST.
As with other coins, the chart fell by falling a lot.
The peculiar spot on the weekly chart is that the RSI has moved below 30 and then up.
I think it's a good place to start, and there's been a lot of trading at the low price of 0.00686290.
The inflection date...
Technical analysis:
. Isimple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility...
Shoulder didn't hold. So Idea 2 is now in place.
Will search for an INV head n shoulder "mini" inside a long drawn out right shoulder. I mean...if we get another buy again at .005 I won't complain lol...
long from .0045
TP: .0225
TP2: .03
TP3: .042
Fundamental Analysis
IOST spiked after the project announced that it is planning to participate in the biggest gaming expo and struck multiple partnerships with traditional game publishers. This could help the project to further expand its ecosystem and increase the adoption of its platform.
IOST / USD Short-term price analysis
IOST has a bullish short-term...
IOST / USD Short-term price analysis
IOST has a bearish short-term trading bias, with the IOST / USD pair still trading below major technical support on the four-hour time frame.
The four-hour time frame is showing that a technical breakout in the IOST / USD pair is nearing, as price remains trapped between horizontal resistance and rising trendline...
IOST / USD Short-term price analysis
IOST has a bullish short-term trading bias, with the IOST / USD pair dropping below major technical support on the four-hour time frame.
The four-hour time frame is showing a bearish technical breakout is currently underway, with the IOST / USD pair trading under a well-defined wedge pattern.
Technical indicators on the...
Technical analysis:
. Isimple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of...
Price is in a right shoulder consolidation.
If price falls below right shoulder support I will look for a double bottom support but i do not see this happening. If price continues rising and hugging the yellow range floor line and breaks out upwards from the "Pinch zone" price will be bullish.
Short term trade
Idea entry: .011
Idea TP: .025
SL: .005 cent
Wave 3 can go to target 1 or 2 and only then will we know where wave 4 will land, but who cares time to bank minimum 100% on this swing long.
Those are ladder targets. I like the bright 2nd box from the top. If you don't know how to ladder/use proper position size then I recommend to wait for an hourly confirmation uptrend from one of the boxes and then start...
Technical analysis:
. IsimpleToken/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
If you do not have any 'sentimental' connection to IOST, invest in some other ALTs - although we are still in very desirable pricing zone, we do not have any signs of potential bounce. If this is a must have for you, I would only suggest holding around 10% of your total portfolio in this.
IOST / USD Short-term price analysis
IOST has a bearish short-term trading outlook, with the IOST / USD pair slipping below its key 200-period moving average on the four-hour time frame.
The four-hour time frame is currently showing a head and shoulders pattern in play, with the IOST / USD pair trading below the neckline of the bearish pattern.
The latest move...
