IOST is taking off from a strong daily structure support.
The price formed a cute head & shoulders pattern on that
and then broke its neckline, confirming the strength of the underlined structure.
I expect a pullback to 0.0153 / 0.0156
❤️If you have any questions, please, ask me in the comment section.
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The price had a breakout from the dynamic resistance below the monthly resistance on 0.02$
How to approach?
the rice needs to create a new bullish impulse above the 0.02$ area and retest the resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure ->...
IOST / USDT
It is in a trading range.
By hitting the bottom of your channel and reacting to it, the expectation of an increase to the midline of the channel is available.
#IOST #LUNA #UST #TERRA #BTC
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
⭐️ Under...
- 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!
Target 0.07624
www.cryptonewsz.com
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 😊
BINANCE
