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Iost

#IOST, Will it hold the forkpitch channel? GOOD BUY or BYEBYEHi, this is what I thinking about the IOST chart.. I have just charted this as wish from a friend. Im not hodl this coin myself now, this is only to show a friend what i think of Iost over the next few days. We are now in the bottom of the forkpitch channel and I think it depends entirely on btc falls below 8900 if we fall out or not, in other words, if btc falls below 8800 I think Iost falls out of this channeltrend. What I can see for me is that it will then go down to 38:20 or mabye so far as 61:20 fiblevel from recently high (Only if we break the forkpitch). If we follow most charts from 30min to 1 day, all clear indications show that rsi is on the way down, but what I see at the 2 hours chart is that the rsi are around 26 which is clearly oversold and we are almost oversold in 4 hours, so I now think that the price will soon flatten out and I expect that we will soon start turning the trend again to hunt the median line (RED LINE IN MIDDLE OF CHANNEL) in the forkpitch. However, I expect that we continue to keep the channel, but if we drop below 555sat, I would review my position as I see that we can quickly drop down to 500-520sat a place if thats happen or even more! Tade safe, be safe! But as we can see with MACD on 1 day, the macd are about to cross and thats its a bit scary. But that can fast turn back again when RSI turns on the 2 hours and 4 hours chart.
I
by Porshy
31
IOStoken Uptrend is Far From OverIOStoken bottomed out near $0.016, after which the uptrend begun. Price broke above the 50 Moving Average as well as the downtrend trendline. IOST/USD continues to steadily climb up while rejecting the uptrend trendline. Fibonacci applied to the first corrective wave down after the breakout of the Moving Average shows that IOStoken has rejected 227.2% level, where it found the support. The following wave up resulted in rejection of the 427.2% Fibs resistance, however just recently price broke above, suggesting the continuation of the uptrend. There are multiple resistance levels to watch, however the key resistance is based at 1227.2% Fibonacci retracement level, that is $0.159. Statistically coins upside targets tend to be in increments of 10 from the bottom. As the bottom has been found at $0.016, multiplied that by 10 would make it $0.16, which is perfectly inline with the final upside target. On a downside, the correction down would be quite normal and should be expected. The nearest support is at $0.68 where IOST/USD could retrace. Break below that level could send price slightly lower before uptrend continuation would take place. But in any case, strong downtrend establishment have very low probability at this point.
ILong
by CryptoPAMM
2
IOSTBTC - Painting Promising PicturesIOST is one of my more promising Gen 3 Crypto picks, with an impressive team and recent good news including token lock up (medium.com), this should be a big gainer this year and beyond. Cup And Handle, Fibonnaci - After finding a (double) bottom in the 190sat range, IOST has had a good couple of weeks, after forming a cup and hitting resistance at 520sat it has had a couple of red days forming the handle, the .786 fib is showing some support with historical support just below at 390sat, laddered buys around these areas are looking tasty. RSI, Hidden Bullish Divergence - Price making a higher low, with RSI making a lower low gives hidden bullish divergence, right on the handle that is forming.
ILong
by zooby