Here we are what do we have in the market is a perfectly #short structure on every #altcoin we have in #crypto #market the thing I got for you is one of my favourite #iost, I marked everything you need on the market for you.
Plz double manage the capital you have in this situation of market.
enter IOST long in spot. risk 1% , RR is 1:5, expecting price to go to wick.
Enter after bounce from Strong support in bull flag formation. enter with reversal entry that give as biger RR.
8h chart :https://www.tradingview.com/x/I9at2NIZ/
IOST announced creation of their own stablecoin, hence, everyone decided to long, we can see it by volume at top.
Right now a lot of people are trapped and can be liquidated, that's why I plan to take short
From technical point of view:
⭐️ BTC bearish
⭐️ Level is seen on all timeframes
⭐️ Volume is at top
⭐️ 6th touch
⭐️ Level is 52 days old
⭐️ 35 ATR
- BTC is bearish
- Trend is bearish
- Level is clearly visible
- 4th touch
- Level is 15 days old
- The coin is in the end of formation
- Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please...
IOST (Internet of Services announces 100m USD fund to boost EVM Multi Chain Ecosystem
Looks like Whales are accumulating (seen by the volume indicator)
It is also holding VERY strong against Bitcoin dumps
If we go to 30k, IOST price may only drop 10-15%? Maybe even less.
Bought a small bag, maybe more if we continue up!
IOSTUSDT Weekly Chart It is expected that there will be a correction At the 0.02520 -0.01932 support level, I expect a reversal. If the price fails to break through the 0.02520 support and there is a signal reversal of the candlestick we will buy But if this zone is broken I will wait to buy in the red zone, target 0.03369 and 0.04104.
GooD Luck 😊
Technical analysis of #IOST 's chart and its appealing ranges . Let's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart ,...
The price is testing the 0.786 Fibonacci level on the daily timeframe on the weekly support (0,028$)
On the 4h timeframe the price is creating the main descending channel and the market is creating a channel within it.
How to approach?
The price could retest again the 4h demain on 0.027 if the price is going to lose the dynamic support. According to Plancton's...
Based on technical factors there is a short position in :
🔴 Short Now 0.02915
🧯 Stop loss 0.03240
🏹 Target 1 0.02700
🏹 Target 2 0.02400
💸Capital : 1%
We hope it is profitable for you ❤️
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