IOST/USDT Prediction Analysis Good Morning for All Respected Investors and Traders,
I made a simple analysis for IOST/USDT for today
IOST always go UP UP UP recently!
So I reckon you guys to wait until health correction and entry the market at my sign!!
Take Profit at my Potentiat target 1 and 2 and 3
Alt-Season is coming !!!
Happy Trading y'all !!
Critiques and Comments are super appreciated !!
Thank you!
PS: This is not financial service or even education. Please DYOR !!
IOSTUSDT trade ideas
IOSTUSDT (IOST) - POTENTIAL BREAKOUT ANALYSIS 🔎
- IOSTUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
IOST 12h Will there be news and growth or it doomed to fall?Two weeks have passed since the publication of the previous IOSTUSDT idea.
During this time, the IOST price lowered by 40%, as we expected, check the link above!)
The previous insane growth was fueled by an intriguing tweet from IOST co-founder Jimmy Zhong that we should expect some super news on 16 January.
But we either missed it, or the super news never came out.
Please write about it in the comments.
We only saw the news that the coin can now be staked on the Binance exchange.
As we already wrote, there is a cool phrase: "Buy on the rumor, sell on the news".
We hope that our previous warning idea helped to fix profit on Longs in time and keep the deposit from drawdown.
If you look at the IOSTUSD chart today, it looks like the price falls are slowly slowing down, at least small red candles without volumes indicate that there are no aggressive sales yet.
Perhaps another intriguing tweet is expected in the near future?
Then the IOSTUSDT price can easily fly up to $0.024, or even up to $0.035.
The negative scenario of the fall continuation is activated below $0.0125.
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IOSTUSDT Analytical and technicalIn the last two or three weeks, a lot of attention has been paid to it and this can be understood from the volume of transactions. Flooring has been adjusted in the range of 0.017.Due to its good news and appropriate support, 0.03 resistance will be broken first and a new trend will start after breaking the high ceiling in the range of 0.052.
IOSTUSDT (IOST) - POTENTIAL BREAKOUT ANALYSIS 🔎
- IOSTUSDT brokeout above the falling wedge's resistance.
- Price action is printing an ascending triangle pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
Breakout was successful, it should keep goingI've entered IOST just before it broke out this big fallingh wedge but I forgot to post the signal. Despite me being late, as you can see it has a lot of way to go. Moreover IOST is working with Chinese government as the platform for digital Yuan. When TA and FA are both positive this should be a huge blast. I think there's still time to buy and exit in profit.