IOSTUSDT - BULLISH OUTLOOKIOSTUSDT is exhibiting a bullish divergence on the 2-hour (2H) timeframe, indicating a potential shift in momentum. Additionally, it's approaching a crucial point where it's about to break its lower high level, suggesting a possible bullish reversal.
Based on this analysis, a trading strategy could be implemented as follows:
Entry: Consider entering a long position at the current market price of $0.00838.
Stop Loss (SL): Place a stop loss order at $0.00800 to manage risk and limit potential losses.
Take Profit (TP): Set take-profit levels to achieve a 1:1 and 1:2 risk-reward ratio:
TP1: Set the first take-profit level at $0.00876
TP2: Aim for the second take-profit level at $0.00914
This trading strategy anticipates a bullish reversal based on the observed bullish divergence and the potential break of the lower high level. However, it's crucial to monitor the price action closely and adjust the strategy according to changing market conditions.
IOSTUSDT trade ideas
IOST - Bullish Channel, Watch VolumeOSTUSDT is in a unobstructed bullish channel with consistent ranges indicating heavy algorithmic trading activity.
Given the small decimalization of it's price it could attract participants looking to get fast exponential gains.
Watch for increases in Volume to confirm breaks above/below entry levels.
Iost 3d is bullish but... Iost 3d is bullish if it closes above the trend and the current yellow area
Don't rush and wait for the confirmation
If it closes above the area mentioned, then your SL will be closing 1d below the Vol. Bottom
The targets will be the POC and the 618 fibo
If the price closes and remains above them, then it moves upward toward point C
All the best insha Allah!
IOST Inverse Head and Shoulders (HTF) PART 2Our target was hit in our first chart for IOST.
We now need to look for a weekly close above the resistance and turn it into support. We can then work in this new channel forming with upper targets in the green box. Taking profit anywhere in this region will be considered a win.
Looking for a great/perfect exit will require further analysis on a lower time frame (LTF), but for now, the green box is roughly the target.
Thanks.
IOST accumulation for almost a yearIOST accumulation for almost a year
This is the Weekly Time Frame
This is a Long Term Hold Idea
if price retraces to 0.00681 area
this would be a nice entry
Looking for a break and support bounce
off the 0.01202 level
This is for ENTERTAINMENT purpose Only.
Not Financial Advise
Always DYOR ( do your own research )
IOST SHORT 1HHello friends,
Given the current market conditions, short trading can be appropriate. For this asset, you can enter in two steps, with the first step being marked by a black dotted line and the second step set at 0.008969. In the first step, you can follow the position down to the bottom of the descending channel.
Thank you for your time and wishing you a profitable and healthy trading experience.