IOSTUSDT trade ideas
IOST launches its Decentralized Autonomous Organization Service Maybe this will help:
I will wait for potential trendline retest
IOST launches its Decentralized Autonomous Organization Service “GUILD” project in Europe & co-host a blockchain event in Switzerland on 27th Jan.
PHI team, one of IOST Developer Core Community Member in Japan, is visiting Switzerland to promote the Decentralized Autonomous Organization Service GUILD project and establish a PHI subsidiary in order to enter the Swiss and European markets. PHI’s expansion into Switzerland is supported by the Swiss Global Enterprise‘s Japanese office.
IOST Foundation will support PHI team and shall together visit the local Swiss government, Crypto Valley Association and hold an event at the blockchain incubator facility CVVC in Zug, also famously known as Crypto Valley in Switzerland on January 27, 2020 together with ditCraft project representatives.
IOST/USDTIost breaking above our 100 MA, immediately resulting in a pump to our 2nd target(vip members). By nature , a daily close above 0.0054$ (100MA) would definitely be bullish or the upcoming weeks. Keep an eye on this coin for the midterm as it has a lot of room to grow; i have indicated some resistance levels that you can use as take profit levels.
IOSTUSDT formed bullish Gartley | Upto 28% move expectedAfter successful formation of bullish BAT pattern now the world's 68th ranked crypto token IOST has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look at the dimensions of IOST price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bullish move.
So as per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.004975 to 0.004629
Sell between: $0.005261 $0.005934
As per above targets this trade has potential to give upto 28% gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic Gartley pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
IOST LONG SIGNAL - Daily chart Bullish on (TA on ICT CONCEPT)Following ICT Trading concept.
Bounce on 1D OrderBlock. (could get little bit lower). Also Bounced on OTE (Optimal Trade Entry) Using ICT Fibonaci settings.
Targets are per ICT OTE Fib rules... Look good. Last TP is also an Bearisch Orderblock on Daily.
I will keep update you guys. Im Bullisch on IOST. Also bcz the very big Volume explosion a couple of days ago.
Please let me know what you guys are thinking.
ENJOY THE BULL RUNALWAYS REMEMBER .... STOP LOSS
BTC: 19CbHa1h5bSr8wFjk3HdoQJFnesGcgie4E
ETH: 0xcb8d6f9bece2f3b725278213c7e78aec1032df1e
LTC: LVwa2YVV3yfvFaFe2bEXoiHvRRfvDe5yrz
ADA: DdzFFzCqrht6SprTcEMEVXgbvLx6Nsb23UpTPb3omKpqUqjP5G7obHJieq7JuhDRLRPHaTfsRoavgeEDQoL5ZNT8FNMhwaDYAV3u1wov
DASH: XhtpH23MWoPqqihHfE9CqgRbzcnHE7okf5
IOSTUSDT formed bullish Gartley | Upto 14.5% potential tradePriceline of IOST / Tether US has formed a bullish Gartley pattern and entering in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.004958 to 0.004768
Sell between: 0.005107 to 0.005466
Regards,
Atif Akbar (moon333)