IOST failed to break resistance and went down to support, broke that but quickly bounced over it. Seems to be heading to retest the resistance again. Going long from current position, if it breaks and continues going up, were likely to see 50% gains from current position.
The long unremarkable coin IOST remind of itself very loudly :)
On 8 January, 2021, IOST co-founder Jimmy Zhong tweeted: "On 16.01.2021, expect a 'big' announcement." This was done just in the consolidation, when it was necessary to break the white uptrend. And the process went on, and how it went), such an intriguing tweet brought investors x4 in a...
IOST FORMING A CUP AND HANDLE
i dunno why but i never go for the full 100% lets see where it goes..
i try to learn where to find the sweetspot on these CUP & HANDLE Patterns and ofcourse there is google but i try to make it better to enter the market on this one.
so would like to see some suggestions from people who are more experienced in this.
- We can cleary see a head and shoulders pattern on the weekly candles, which give us great buying opportunity
- The price is above main trendline, and above head and shoulders neckline (breaking out)
- Target is around 0,1 USDT
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IOST so far has been following the plan, all targets reached. For now watching if it drops to support or if it begins to follow elliot wave again, If it continues to follow will buy. Expecting a strong rally to next resistance, with big news coming today.
What we see now :
1- the price at 0,023 $
2- the resistance level at 0,015$ “ we have to wait for daily confirmation “ to turn the resistance to support level
3- there is three positive buy signals yet are active
4- the price cross ATH
What we do now :
- wait for daily confirmation closing and turning the resistance to support and with positive buy...
#IOSTUSDT showing Clear H&s on 3D&W TF by Compleat this pattern next targets for IOST will be 0.0075/0.010/0.017.
What we mean by Add this coin to the watchlist ?! 👀
This means the coin we mentioned shows a reversal pattern or moving near a historical bottom, around or above good support, increase in trading volume ,...
IOSTUSDT - It is in about to finish the 5th wave of 3rd wave up. There are expecting correction time, only after some confirmatory down move. Because there is always extension possible in high leveraged market like crypto. Let's see how it moves next ...
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A symmetrical triangle must be at least 3 weeks to qualify as such,whereas a Pennnat a few days up to 3 weeks.To have a penanant we need also a steep long price move.Here we do not have this steep long price move before the pennant.Nevertherless,I will give it a try.So I measured the pole from the resistance at the bottom, where I think the small pole started to...