IOST crossed EMA50 (green one) receently, and tried the EMA200 (red) 4 days ago then got rejected.
That second try should be the good onee, I expect IOST to rallye up pretty soon. Volume should be higher today and for the next few days, 0.50 fib (red box) is the target on my side (around 0.0422).
FIRST TARGET = 0.025 - 75% profits will be taken
Ill take 100% profits at 0.042
I'lll detail it more in the comments.
Dont miss the train, IOST is going up!
Cheers!
That second try should be the good onee, I expect IOST to rallye up pretty soon. Volume should be higher today and for the next few days, 0.50 fib (red box) is the target on my side (around 0.0422).
FIRST TARGET = 0.025 - 75% profits will be taken
Ill take 100% profits at 0.042
I'lll detail it more in the comments.
Dont miss the train, IOST is going up!
Cheers!
Note
If IOST manage to close above 200EMA today, i expect a retest during the weekeend and a big leg up next week.
It may also shoot up right away, but that would surprise me.
Note
15min chart - self explaining
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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.