Hello everyone, analyzed the IOST/ USDT pair
The price made a correction along the ABC waves
At the moment, the price is trading above the support line (white line)
Looking at a smaller timeframe, you can see an inverted head and shoulders.
Price Support Zone: $ 0.35-0.39
Also, the price is now higher than the previous resistance level, from which there was an uptrend
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and come."
The price made a correction along the ABC waves
At the moment, the price is trading above the support line (white line)
Looking at a smaller timeframe, you can see an inverted head and shoulders.
Price Support Zone: $ 0.35-0.39
Also, the price is now higher than the previous resistance level, from which there was an uptrend
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and come."
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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.
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.