Iost
Possible long future ahead. IOST soon has a path to take. As a perfectly symmetrical traingle pattern is forming. It is always a 50-50 chance. It may go up or down at the tipp of that triangle.
So far it has been a status quo on the market.
All I can say is keep an I on the charts and make an alert if possible, when price moves up or down at that tiping point and go into the position as long or as short.
This isn't clearly a CLEAR answer or advice, as it is 50-50. But those who are margin trading have a profit to make either way.
Those who are just selling and buying wait for the clear shift out of the borders of this triangle.
GL! Feel free to comment and voice your oppinions on this possible IOST path ahead.
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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. 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 (0.01100000 to 0.00870000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01100000)
Ending of entry zone (0.00870000)
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= @ 0.01500000
TP2= @ 0.01928000
TP3= @ 0.02896000
TP4= @ 0.03683000
TP5= @ 0.04750000
TP6= 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. 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 (0.01100000 to 0.00870000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01100000)
Ending of entry zone (0.00870000)
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= @ 0.01500000
TP2= @ 0.01928000
TP3= @ 0.02896000
TP4= @ 0.03683000
TP5= @ 0.04750000
TP6= Free
IOST / BTC (4H) strong divergenceStrong divergence on the RSI 4H
Possible falling wedge formation
BUY order : 0.00000140
INSURANCE order at : 0.00000115
STOP: under 0.00000110
TARGET zones:
0.00000212
0.00000240
0.00000270
P.S. I always use insurance orders on the lower liquidity levels as a part of my strategy.
IOST/BTCSIGNAL
IOST/BTC;
LONG;
OPEN 0.00000143;
TP 0.00000172;
SL 0.00000138;
Risk/Reward 5.8;
Entry made by indicators CCI(13) and OA
Entry from the lower price limit
A trading opportunity to buy in IOSTBTCTechnical analysis:
. Iost/Bitcoin 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 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000141 to 0.00000130). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000141)
Ending of entry zone (0.00000130)
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= @ 0.00000159
TP2= @ 0.00000174
TP3= @ 0.00000186
TP4= @ 0.00000204
TP5= @ 0.00000223
TP6= @ 0.00000263
TP7= @ 0.00000361
TP8= @ 0.00000480
TP9= Free
A trading opportunity to buy in IOSTBTCTechnical analysis:
. Iost/Bitcoin 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 34.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000141 to 0.00000130). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000141)
Ending of entry zone (0.00000130)
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= @ 0.00000159
TP2= @ 0.00000174
TP3= @ 0.00000186
TP4= @ 0.00000204
TP5= @ 0.00000223
TP6= @ 0.00000263
TP7= @ 0.00000361
TP8= @ 0.00000480
TP9= Free
IOST soon swing long for 100%++!!!Wave 3 can go to target 1 or 2 and only then will we know where wave 4 will land, but who cares time to bank minimum 100% on this swing long.
Those are ladder targets. I like the bright 2nd box from the top. If you don't know how to ladder/use proper position size then I recommend to wait for an hourly confirmation uptrend from one of the boxes and then start dumping your money into it.
I will be zooming in and day trading it all once the bounce happens.
******thread of day trading in comments!****
(lower, boxes invalidation buy and/or late buy= buy new high above red line)
$IOST Potential Falling wedge in play... $IOST Potential Falling wedge in play... sooner or later this will catch up!
RSI Bullish divergence can be spotted
ABCD bullish pattern on the daily chart
For now wait for Volume & breakout from the wedge
Potential targets/resistances on the chart.
#IOST
InternetOfServices/Bitcoin (20 May) #IOST $IOST #BTC $BTCIOST is in strong support and is ready to increase strongly in June. We should buy some and hold mid-term, I think the profit will be very high
Buyzone : buy as close as 145sts as possible
Targets : 170-185-200-210-225-250
Stoploss if price is lower than 145