LONG IOST USDT SETUP 85% UPSIDE1. CRAZY WICKS IN TO SUPPORT
2. BOUNCE OF SUPPORT
3. BREAKOUT OF TRENDLINE FROM TRIANGLE
4. VOLUME STILL HIGH
THERE IS STILL NO ENTRY BUT WHAT ID LIKE TO SEE IS A CLOSE ABOVE $0.006 AND THEN RETEST.
WE THEN ENTER ON THE RETEST.
CHECK OUT THE PREVIOUS FEW TRADES.
DONT BE SHY AND COMMENT YOUR SETUPS.
IF YOU MADE MONEY FROM THESE SETUPS.SHARE IN THE COMMENTS,
IOSTUSDT trade ideas
IOSTUSDT is attempting to break dynamic trendline IOSTUSDT is attempting to break dynamic trendline after It had bounced on weekly structure (red rect)
IF the price will break the trendline According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Binance Hot list coin July 28, 2020 : IOSTUSDT #1IOST is now trending nearly the support trend line which is moving in alignment with the white horizontal support zone. If this support trend line can hold, we might see a potential bounce from this confluence zone and targeting the interim swing high is ideal.
IOSTUSDTThe trend has been slightly decreasing and just broke the downtrend line.
1. At this point, wait for an open-close candle then sell it.
2. It might continue to decrease through the support line. if it pulls the lines back, wait for an open-close candle then sell it.
3. It might start to increase. If it breaks the uptrend line above, you can buy some or more.
4. Buy at the support line, sell at the resistance line.
IOSTUSDT 4H long setup after bounce on bottom of channelTA Explained
IOSTUSDT is trading inside a parallel channel that is respectedfor quite a long time already. It is also one of the pairs that seems to be living its own life and not completely being correlated with every move of BTC.
Furthermore IOSTBTC is respecting a similar channel as well:
Price just bounced on the bottom of the channel and seems to be ready for a move up. Targetting the midline of the channel, the previous high and the top of the channel.
SL is placed below the channel with a little extra room to survive a fake out.
Trade setup
Best entries: 0.006002 - 0.006185
TP1: 0.006634
TP2: 0.007022
TP3: 0.007509
SL: 0.005746
RR: 3.18
Max leverage: 3x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)