IOSTUSDT | S/R Flip | Volume Climax | .618 Fibonacci Todays analysis - IOSTUSDT – retracing after a strong breakthrough structural resistance.
Points to consider:
- S/R flip Re-test
- Support confluence
- 55 EMA – visual guide
- Volume climax
- Oscillators overextended
IOST is likely to retrace back to structural resistance after a bullish pattern break, S/R flip needs to hold for a valid long trade.
Structural support in confluence with .618 Fibonacci retracement further solidifies the true trade location.
IOST trading above the 55 Exponential Moving Average, acting as a visual guide, price must hold on retest to support the bullish bias.
Volume climax evident, indication of buyer exhaustion, temporary top may be in as price finds its equilibrium before another probable impulse move.
Both, the RSI and Stochastics trading in overextended conditions, a retrace in price will allow oscillators to cool off, creating space for further bullish momentum.
Overall, in my opinion, a long trade is validated on a successful S/R flip re-test.
What are your thoughts? Let me know in the comments below!
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As always - focus on you, and the money will too!
Iost
IOSTUSDT | Ascending Triangle | Apex | Structural Resistance Todays analysis - IOSTUSDT – retracing to local resistance, trading in a bullish ascending triangle.
Points to consider:
- Support and resistance converging (apex)
- Bullish ascending triangle
- Bullish price action
- 55 EMA – Visual guide
- Low volume
- RSI projecting higher lows
IOST consolidating within an ascending triangle nearing its apex where a break in either direction is expected.
Recent price action consisting of higher lows and strong bull moves proceeding weak sell-offs is indicative of a bullish bias in the market.
Trading above the 55 Exponential Moving Average, acting as visual support, price must hold to support the bullish bias.
Volume is clearly declining, indication of an influx being imminent, corresponding with the breakout.
RSI trading is trading above 50, projecting higher lows showing strength in the current market.
Overall, in my opinion, a long trade is validated at the test of local resistance (aggressive entry) and the position may be added to as we verify a successful S/R flip above structural resistance (conservative entry).
What are your thoughts? Let me know in the comments below!
Be sure to leave a like and follow me for daily chart updates.
As always, focus on you - and the money will too!
IOST / BTC Mid Term Hold Idea After The BreakoutDsecription is stated on the chart. Do not buy and hold now! Buy only after the breakout of the triangle.
Ascending Triangle on IOST Hello Traders,
IOST/BTC is breaking out of the ascending triangle, which is a bullish indication.
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IOST USDT - Can history repeat itself?IOST started its journey at All time High in Jan 2018 @ 0.139 USDT for each IOST Token while reaching a low of 0.003589 USDT per IOST Token in December 2018, a downfall of 97.42% in just 12 months. After hitting the low in December 2018, it started the journey of crawling back up reaching a high of 0.0185 USDT in April 2019. During this time, it crossed the resistance trend line on the daily / weekly charts and subsequently generated returns of over 190% on the weekly charts while around 160% on the daily charts.
Daily Chart showing the trend during Jan 2018 - April 2019:
Weekly Chart showing the price action:
During December 2018, IOST hit the then all time low while approaching the resistance trend line on daily / weekly charts. Come to March 2020, IOST hit the now all time low while approaching the resistance trend line on daily / weekly charts. The said patterns are shown by the highlighted boxes.
Can IOST break the resistance trendline again and showcase similar price action?
We will monitor and wait for break out of trend line if any and take action accordingly.
[ADAM & EVE] IOST/BTC 4HAdam & Eve pattern spotted.
Measured move from base to peak *on breakout* is 80 sats.
#IOST/BTC (May 25)IOST is one of the coins that you should pay attention to because if it pumps, it would be very fast and turn back fast too.
IOST is on the way to 55-60sts zone and it has a very high possibility to break out and move up to 80-85sts in July.
If you don't have IOST, wait for it around 40st
IOST/BTCIOST/BTC Fibonacci Levels.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
IOSTBTC 4HIOST; looks breakout. May create Cup and -Bearish Crab Patterns with this uptrend.. Good luck!
IOST/ETH Buying Range Comes1D chart looks Good
Descending Chart Pattern
Buying range 0.00001600 to 0.00001900
Sell when you Satisfy
Good luck comment below what you think and share your ideas Thanks
IOST/BTC LONGIOST/BTC
LONG
Open 65;
SL 60;
TP 80;
Risk/Reward: 1/3
Bitcoin dominance has broken the triangle down. We expect good movements on many violas. Here is a good setup that has already shown its worth in practice.
LONG - IOST - BOTTOMDouble bottom formed in high timeframes, expecting the support a 70 sats to hold and push the price to the range high.
Entry: 0.00000075
TP 1: 0.00000085
TP 2: 0.00000097
TP 3: 0.00000108
SL: 0.00000068
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IOST (Jan 12) - 36% in 20 Days, Up to 67%#IOST/BTC (Binance)
Buy : 60 - 62
Sell : 65 - 70 - 75 - 80 - 85 - 90 - 95
Stop : 54
#IOST $IOST #IOSTBTC
Internet Of Services Token Trade Signal [IOSTBTC](208%)Internet Of Services (IOSTBTC) is looking good now while challenging MA200.
If MA200 is conquered we will see very strong growth after...
Here is the full trade signal for this altcoin pair...
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PAIR: Internet Of Services Token | IOSTBTC
BUY: 0.00000068 - 0.00000074
TARGET:
1) 0.00000095
2) 0.00000108
3) 0.00000123
4) 0.00000132
5) 0.00000147
6) 0.00000170
7) 0.00000185
8) 0.00000219
PROFITS POTENTIAL: 208%
(Buy calculated at 0.00000071)
STOP: Close weekly below 0.00000050.
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This is not financial advice.
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