What it's IOST?
It'a a itself as an ultra-fast fully decentralized blockchain network and has an ecosystem with its own nodes, wallets and it's based on the next-generation consensus protocal called proof of believability. The proof of believability it's a consensus algorithm to ensure transactions on the network are secure and efficient. It's a Blockchain...
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(IOSTUSD 1W Chart)
If the price is maintained above the 0.01928636 point, it is expected that the uptrend will continue.
It remains to be seen...
TA shows we are bullish as long as we hold above blue uptrend line. Eng Robo indicators are bearish.
Steps to take:
1) Buy if candle open/close above current resistance line
OR buy at support below
OR Eng Robo gives multiple buy signals
2) Sell if candle open/close below support
Here i am looking for short . because bearish trend and forms H&S also. if it breaks the neckline i am go for short. this is purely my opinion. if you like consider my idea as another indicator otherwise please ignore it.
As you know, the cryptocurrency market is very volatile, involuntary wrong analysis leads to a loss of capital. My drawing should only be accepted as a technical analysis idea, it is definitely not investment advice.