IOST - bearish convergenceThere may be a move up.
But I'm worried about the bearish divergence (white lines)
Indicators in a downtrend.
Better Time Out With IOST
and if your hands itch, you can buy with a 4620 satoshi stop
Iost
IOST/USDT (1D) Where Is the Next Support Line?Zones of interest and targets are on the chart. Good luck everyone!
IOSTBTC - Break OutAs we've seen that IOST had breakout the trendline and mid range, i'm expecting that will be Higher High after the pullback of breakout.
Good place to buy is at pullback zone mid range / fib 0.145 : 0.00000070 Price
Good place to sell is at high range / fib 0.382 : 0.00000080 Price
Good place to set stop loss is below the mid range : 0.00000068 Price
Note : This is my personal opinion and it must not be taken as financial advice or guidance to base your actions. It is necessary for you to perform your own research or analysis before you do anything with your money, Thank you for reading.
There is a trading opportunity to buy in IOSTUSDTechnical analysis:
. Isimple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00610000 to 0.00360000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00610000)
Ending of entry zone (0.00360000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00980000
TP2= @ 0.01450000
TP3= @ 0.01930000
TP4= @ 0.02896000
TP5= @ 0.03680000
TP6= @ 0.04750000
TP7= @ 0.07000000
TP8= Free
There is a trading opportunity to buy in IOSTUSDTechnical analysis:
. Isimple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00610000 to 0.00360000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00610000)
Ending of entry zone (0.00360000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00980000
TP2= @ 0.01450000
TP3= @ 0.01930000
TP4= @ 0.02896000
TP5= @ 0.03680000
TP6= @ 0.04750000
TP7= @ 0.07000000
TP8= Free
Today`s ALT!!! IOSTBTCBINANCE:IOSTBTC
Exchange : Binance
Coin: IOSTBTC
Buy Zone: 0.00000067~0.00000061
Target Point: 0.0000007/ 0.00000074/ 0.00000078/ 0.00000082/ 0.00000087
S/L: 0.0000006
Risk: HIGH
Term: Middle-Short
It makes Falling Wedge both Chart and RSI
It`s time to go UPPPP!!!
=====================================================================
Investment is your responsibility.
I'm just providing about coin`s information
=====================================================================
There is a trading opportunity to buy in IOSTETHTechnical analysis:
. IOST/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003800 to 0.00003200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003800)
Ending of entry zone (0.00003200)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00004300
TP2= @ 0.00004900
TP3= @ 0.00005950
TP4= @ 0.00006800
TP5= @ 0.00007650
TP6= @ 0.00008870
TP7= @ 0.00010420
TP8= Free
There is a trading opportunity to buy in IOSTETHTechnical analysis:
. IOST/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003800 to 0.00003200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003800)
Ending of entry zone (0.00003200)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00004300
TP2= @ 0.00004900
TP3= @ 0.00005950
TP4= @ 0.00006800
TP5= @ 0.00007650
TP6= @ 0.00008870
TP7= @ 0.00010420
TP8= Free
IOST network releaseAlthogh IOST has network release this month, so far chart doesn't look very promissing unless this is the bottom of retracement. It very well could be as This zone worked as support twice already, but the same fact makes this support weaker then before. So not buying yet, only monitoring. If bounce, it can grow to 72 (bearish scenario), 75 (more bullish) and even 82.
IOST almost ready for a buy againShoulder didn't hold. So Idea 2 is now in place.
Will search for an INV head n shoulder "mini" inside a long drawn out right shoulder. I mean...if we get another buy again at .005 I won't complain lol...
long from .0045
TP: .0225
TP2: .03
TP3: .042
IOSTUSDT forming shark pattern | A good long opportunity aheadPriceline of Internet of Services / Tether US is forming a bullish shark pattern and soon the price action will be entered in potential reversal zone.
RSI is oversold.
I have use Fibonacci sequence to set the targets.
Buy between: 0.008236 to 0.008022
Sell between: 0.008426 to 0.008844
Regards,
Atif Akbar (moon333)
Internet of Services Potential Paths (Feeling Bullish)Internet of Services (IOSTBTC) randomly caught my attention today... It turns out that is trading above EMA50 and challenging EMA100 (blue line) within an ascending triangle... This is a bullish setup.
Here we are looking at the following signals:
Bullish MACD.
Strong RSI.
Trading above EMA10/50.
Low volume (signals upcoming breakout).
Higher lows (Ascending triangle).
This is a nice setup and one that I feel can move soon.
If IOSTBTC can remain above EMA10, it has good potential to break to the upside when the breakout comes. EMA100 (0.00000084) is the barrier to break.
If instead IOSTBTC moves lower and closes below EMA50 (0.00000083) it will move lower to test the next support.
All the details are shared on the chart.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
This is not a piece of trade advice.
If you decide to trade use a stop-loss.
IOST Price Analysis IOST / USD: Swift DevelopmentFundamental Analysis
IOST spiked after the project announced that it is planning to participate in the biggest gaming expo and struck multiple partnerships with traditional game publishers. This could help the project to further expand its ecosystem and increase the adoption of its platform.
IOST / USD Short-term price analysis
IOST has a bullish short-term trading bias, with the IOST / USD pair recovering above its key 200-period moving average on the four-hour time frame.
The four-hour time frame is showing that a bullish technical breakout has occurred, with the IOST / USD pair breaking above a large descending wedge pattern. A bullish moving average crossover is also in play across the mentioned time frame.
Technical indicators on the four-hour time frame are bullish and continue to issue a buy signal.
Pattern Watch
Traders should note that a bullish triple-bottom pattern is also in play across the daily time frame.
Relative Strength Index
The RSI indicator on the four-hour time frame is bullish, although it has now reached overbought conditions.
MACD Indicator
The MACD indicator on the four-hour time frame is bullish, with both the MACD signal and histogram issuing buy signals.
IOST / USD Medium-term price analysis
IOST has a bullish medium-term outlook, with the IOST / USD pair rallying above its trend defining 200-day moving average.
The daily time frame is showing that bulls have moved price back inside a neutral wedge break is still underway, following a false bearish breakout.
Technical indicators on the daily time frame are bullish and continue to generate buy signals.
IOST / USD Daily Chart by TradingView
Pattern Watch
Traders should note that we may see bulls forcing the IOST / USD pair back towards the top of the wedge pattern.
Relative Strength Index
The RSI indicator on the daily time frame has turned bullish and is issuing a strong buy signal.
MACD Indicator
The MACD indicator on the daily time frame is bullish, with both the MACD signal line and histogram issuing buy signals.
Conclusion
The recent rally in the IOST pair has dramatically changed the short and medium-term technical picture for the cryptocurrency.
If bulls can hold onto recent gains, the bullish patterns on both time frames suggest we could see more upside ahead for the IOST / USD pair.
IOSTBTC Analysis 08/07/19IOST ended the day with a strong +10% gain against Bitcoin.
Momentum is currently showing some signs of weakness as we are heading toward IOST's downtrend. As many altcoins, IOST has been suffering since the beginning of the year.
Despite this current rise, the pair remains near its yearly lows at 69 satoshis.
The rise has been realized absent volume which doesn't favor a continuation in the medium-term.
We expect the sellers to step up and reclaim the nearest support level at 79 satoshis. In order to confirm a bottom island formation, bulls will need to defend this level in order to target the 100 satoshis level, otherwise, prices would dive toward 69 satoshis and lower.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
IOST 3rd wave in a pocketIOST still has third wave in a pocket (thanks to unkle Elliott), before proper retracement. You can catch it on current pullback at 86-88
Buy zone 85-88
Targets 98 - 103 - 108
HODLer's candy 116
Stop loss below 80
Stopless strategy - double at ~74, sell at ~81 or hold till targets
Risk/Reward Ratio 2 / 2.8 / 3.6 (for main targets)
$IOST, Flipping ~100sats resistance into support at the 8H chart$IOST / $BTC
Flipping ~100sats resistance into support at the 8H chart.
RSI at overbought levels, MACD bullish
UCTS Buy signal on the 12H/1D
Taking a trade at support with mid target at ~112 Sats (10%+)
#IOST
IOST Price Analysis IOST / USD: Not Enough PowerIOST / USD Short-term price analysis
IOST has a bearish short-term trading bias, with the IOST / USD pair still trading below major technical support on the four-hour time frame.
The four-hour time frame is showing that a technical breakout in the IOST / USD pair is nearing, as price remains trapped between horizontal resistance and rising trendline support.
Technical indicators on the four-hour time frame are bearish and continue to issue a sell signal.
Pattern Watch
Traders should note that a bullish double-bottom pattern is also in play across the daily time frame.
Relative Strength Index
The RSI indicator on the four-hour time frame is bullish, although a bearish double-top pattern may be forming.
MACD Indicator
The MACD indicator on the four-hour time frame is bullish, with both the MACD signal and histogram issuing buy signals.
IOST / USD Medium-term price analysis
IOST has a bearish medium-term outlook, with the IOST / USD pair unable to move above its trend defining 200-day moving average.
The daily time frame is showing that a bearish wedge break is still underway, with bulls repeatedly failing to move price back inside the neutral pattern.
Technical indicators on the daily time frame are neutral and are currently failing to generate a clear trading signal.
IOST / USD Daily Chart by TradingView
Pattern Watch
Traders should note that the bearish wedge pattern breakout on the daily time frame still has significant downside potential.
Relative Strength Index
The RSI indicator on the daily time frame is approaching neutral and currently has a slight bearish bias.
MACD Indicator
The MACD indicator on the daily time frame is neutral and is currently failing to issue a clear signal.
Conclusion
The overall short and medium-term bearish outlook for IOST remains unchanged, despite the recent upside recovery in the cryptocurrency.
The daily time frame clearly shows that unless buyers move price back inside the wedge pattern, the IOST / USD pair could still see significant downside ahead.
IOST/USD - The Sleeping Dragon!Hi, today we are going to talk about IOST!
In the last three days, IOST, have faced an average devaluation of 31%, consuming the movement of the previous 100 days. So we have a bearish distortion, and soon the Bull is going to correct this furiously.
Thanks for reading, and have good trades
IOST Price Analysis IOST / USD: Breaking Out The Wrong WayIOST / USD Short-term price analysis
IOST has a bullish short-term trading bias, with the IOST / USD pair dropping below major technical support on the four-hour time frame.
The four-hour time frame is showing a bearish technical breakout is currently underway, with the IOST / USD pair trading under a well-defined wedge pattern.
Technical indicators on the four-hour time frame are bearish and continue to issue a sell signal.
Pattern Watch
Traders should note that the downside target of the wedge pattern is located around the March 2019 trading low.
Relative Strength Index
The RSI indicator on the four-hour time frame is bearish, although it has now moved into oversold territory.
MACD Indicator
The MACD indicator on the four-hour time frame is heavily bearish, with both the MACD signal and histogram issuing strong sell signals.
IOST / USD Medium-term price analysis
IOST has a neutral medium-term outlook, with the IOST / USD pair currently testing its trend defining 200-day moving average.
The daily time frame is showing that the IOST / USD pair has fallen sharply lower, following the latest bearish rejection from the neckline of a large inverted head and shoulders pattern.
Technical indicators on the daily time frame have turned bearish and continued to issue a strong sell signal.
IOST / USD Daily Chart by TradingView
Pattern Watch
Traders should note that a complex inverted head and shoulders pattern may be taking shape across the daily time frame.
Relative Strength Index
The RSI on the daily time frame has turned bearish and shows scope for further downside.
MACD Indicator
The MACD indicator on the daily time frame is bearish and is currently issuing a sell signal.
Conclusion
IOST has performed a much-awaited technical breakout on the four-hour time frame, following an extended period of range trading inside a large wedge pattern.
Medium-term bulls may use a deeper pullback towards the March 2019 trading low as an opportunity to re-enter the IOST / USD long trade at a more attractive price.
There is a trading opportunity to buy in IOSTETHTechnical analysis:
. IOST/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00003930 to 0.00003600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00003930)
Ending of entry zone (0.00003600)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00004660
TP2= @ 0.00005140
TP3= @ 0.00005360
TP4= @ 0.00006150
TP5= @ 0.00006970
TP6= @ 0.00007780
TP7= @ 0.00008940
TP8= @ 0.00010420
TP9= Free
