IOSTUSDT - Bullish continuation?
To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = neutral/bullish. Just had a MSB (LH after HH) that formed a bit of a wedge.
Broken out to the upside now.
Needs to break previous swing high to gain full bull momentum again.
HL are confirming this, decent volume
Notes:
- Did not drop a lot after the BTC run to 40k, showing strength (might be because USDT pairing)
- 'Wedge' broken upwards, looking bullish
Ideas:
- Close above W1/previous swing high would be good spot to pick some up, if volume remains high [LONG]
Trend = neutral/bullish. Just had a MSB (LH after HH) that formed a bit of a wedge.
Broken out to the upside now.
Needs to break previous swing high to gain full bull momentum again.
HL are confirming this, decent volume
Notes:
- Did not drop a lot after the BTC run to 40k, showing strength (might be because USDT pairing)
- 'Wedge' broken upwards, looking bullish
Ideas:
- Close above W1/previous swing high would be good spot to pick some up, if volume remains high [LONG]
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