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...
Hi, today we are going to talk about IOST!
In this chart, we observe an excellent opportunity of buying in the long term (Time Frame: D1). Details are highlighted above.
Thanks for reading, and have good trades.
Technical analysis:
. ISIMPLETOKEN/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 48.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is still a...
Technical analysis:
. ISIMPLETOKEN/DOLLAR is in a downtrend and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 31.
. While the RSI downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a...
Technical analysis:
. IOSTOKEN/DOLLAR is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend...
ISimple Token seem to have found the bottom at $0.023 level. The support level is seen at 78.6% Fibonacci retracement, that is $0.027. This level today has been rejected along with the 3/1 Gann Fan trendline, while the price produce a new high high.
Simultaniously, IOST/USD is breaking above the downtrend trendline, and this combined price action suggests the...
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