Long
IOST Projections
IOST has been showing some volatility. Let us try to make some extra profit from our IOST stacks.
A closer view of the action.
I have traced out 3 waves and marked their potential targets in their respective colors. If the upper limits of the orange wave are broken, the orange targets are active. The most ambitious orange target is actually the upper limit for the green wave. If the upper limit of the green wave is broken, the green targets are in play up to 1100s.
If the lower limit of the red wave is broken, the red targets will be active.
Happy trading. I am personally bullish on iost.
A closer view of the action.
I have traced out 3 waves and marked their potential targets in their respective colors. If the upper limits of the orange wave are broken, the orange targets are active. The most ambitious orange target is actually the upper limit for the green wave. If the upper limit of the green wave is broken, the green targets are in play up to 1100s.
If the lower limit of the red wave is broken, the red targets will be active.
Happy trading. I am personally bullish on iost.
Trade closed: target reached
For those of you still observing, this is how our projection has played out.
We tumbled and tumbled down before hanging around just below the lowest E target for a week.
I would consider this leg down finished and the bearish targets to be satisfied.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.