IOST Mainnet launch is creating hype and C&HThe hype about the elections and the mainnet launch (25th feb.) + everyone is giving away tokens seem to be making IOST a good candidate for a time stop.
The trend broke the handle channel however, the (CHANDEMO) momentum is still under 50 and the monthly R1 was tested and rejected.
Keep and eye... I am evaluating my RTR, for an entry at around 185-195m for a TP1 of 220
IOSTBTC trade ideas
IOST (Internet of Services) using Wave oscillatornote chart is shown in Heikin Ashi, real prices also shown in chart
Cup and handle reversal for IOST/BTCThe chart itself will tell you how to trade IOST/BTC.
There is only one way for this trade!
Enjoy the ride!
Feel free to share your thoughts on the comment section below.
If you like my idea, push that like!
IOST/BTC Inverse H&SAs you see here we almost completed the inverse H&S another sign of the rally coming now lets see if we can break though with some strong Volume.
IOST/BTCIOST looks good buy here Going through Accumulation period Mainnet launch This Month on 25th Feb expecting nice run on it
easy 30-100% profit
IOST - NEXT FEW DAYS LOOKS PROMISING! CUP AND HANDLE FORMED! We are looking at a cup and handle formed on IOST. First long target is 240 then up to 280 possibly for a large cooldown.
Scooped at 175-180.
Stop loss at 170.
Targets:
240
280
IOST - Why you might want to wait to buy thisNot financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Before I start on my tangent on IOST, let me tell you about a little feature of TradingView - The alert. Set a price cross alert on this bad boy. Where to set the alert will be analyzed below.
I'll have to be honest, I'm not a huge fan of this but I was asked to provide an analysis on it and this is what I see. First I see what most people in the cryptosphere love. A cup and handle ! Don't get too excited. Personally I think most cup and handles are memes but there are ways to trade them if they actually happen.
Theory is you measure the depth of the cup and trade the breakout and expect a 100% expansion of the breakout equal to the depth of the cup. In this case, that target would be 290 satoshi. In this case, it's about 40% profit. Not bad, right?
I said cup and handles are usually memes so if I end up trading this, I don't expect a target of 290. I'd actually end up taking about 60% profit at about 227 and leaving the other 40% in play and sell it at 245. That is about 50% of the depth of the cup.
Bear market, remember? Don't trade on hopes and dreams. Trade the breakout or trade the divergence. We don't have any divergence right now and we sure don't have a breakout, either.
Don't be afraid to take profits along the way.
Trade safely friends!
<3 -CE-
IOSTBTC getting tightA simple chart, yet ready for a break-up or down. in preperation before mainnet launch, will the hype be over before 25 february?
IOST buy IOST break down trend. Use fibonacci extension to guess the next price point
buy zone 181sts
TP 1 199sts
TP2 226sts
Stop loss 167 sts
my telegram channel t.me/SignalOfSw
IOSTBTC a textbook cup and handle probable move upside soonProbable move upside soon. A text book cup and handle in both daily and 4H timeframe. Green line is the target.
Entry: 150-170
Target: 270
Note: Not a financial advice, DYOR
IOS, scenario and targetsSo, in March 2018 we pricked the potential bottom, then in September we started to test it and fell down. We found a new one and created an accumulation zone, then the token started to grew up.
We formed a consolidation zone from the top, which is a resistance zone now. (Last Bottom).
The token will be attractive for investment if the price will realize the "up to bottom" test of the middle line. (Last Bottom).
The nearest goal for the upward movement will be the last high, located at 247 (Local High).
If the pressure of buyers does not go away, then after correction from this level, you can wait the price to reach the violet zone (Main Resistance).
We are seeing a test of the last consolidation zone now, unfortunately from the bottom, which is not the best.
The positive side - we went beyond level 153, and confirmed it as a support.
IOST/BTC Rally coming?As you see we just bounced off of the support in the RSI
MACD crossover about to happen
Stochastic RSI indicating an upward momentum
Black Support line could be used as stop loss
Fundamentals are behind it
TRADE SAFE!
** This is not a Financial Advice DYOR**
Price restarting trend for Mainnet launch on Feb 25!$IOST update, after the breakdown from a Rising wedge (around 18% drop to 0.5 fib level). #IOST seems to be restarting the trend that will push price up at least to february 25 mainnet launch. Breaking above 175sats can confirm this. MACD & RSI bullish. UCTS showing a Buy signal
#iost WHAT GOES UP MUST COME DOWNTake profits if you're currently holding it. Hard dump is coming. If there is any exchange where we can we short $IOST let me know in comments.
I'll really appreciate if you would leave a like. Follow to get notified for further analysis.
Read other analysis below. ( Over 90 % accuracy so far)
Golden Cross forming on 4HIOST-BTC:
There is nice bullish RSI divergence forming on 4H (1H also).
Possible short break out.
Rising wedge... going down!$IOST Rising wedge, looks its about to break down, with a decreasing volume over the last weeks. Pay attention to the lower trendline of the asset in case that you are hodling this asset. If it breaks down I expect a retrace to 150-160sats at least. #IOST
Weekly IH&S heading straight for the moonThis is a joke. but we have an ascending wedge that is likely to be coming down soon and it would make a nice setup for a weekly IH&S pattern.
I'm looking for a pullback around the 165 zone. The daily left shoulder is pretty ugly. looks better on the weekly chart.
