🔥 IOST Channel Break Out

By FieryTrading
Updated
IOST is one of today's top performers. After a long bleed where almost 30% of IOST's value was lost, this token has seen a nice bullish inflow again.

With BTC performing quite well, it's natural that alts are following. The key here is to select the better-than-average performing alts and ride the wave. Be aware that IOST is highly correlated to BTC's performance, so always keep an eye on BTC when trading alts.

Happy trading!
Comment
Seems like a fake out. BTC falling, dominance increasing. Will monitor.
Bitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsiosdtParallel ChannelTrend Analysisusdt
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