[IOSTBTC] IOStoken LONG [340% PP]
Updated
IOStoken (IOSTBTC) hit bottom on the 12th September creating a hammer candlestick (above purple date), a reversal signal, and started to move up increasing almost 40% in value.
On the 11th October its price had strong drop, followed by another drop on the 15th which created a doji candlestick (also marked with purple date). The price bounced higher than the 12th Sept. drop, creating a higher low.
On the 14th August, this same support level was already tested. So it was tested three times in a row and still holds.
Now we have increasing volume and a very strong support. This is a good spot to open a trade, low risk with high rewards. Let’s take a look…
Trade instructions IOStoken
Buy in: 0.00000180 – 0.00000195
Next support: 0.00000170
IOSTBTC Targets by Alan Masters:
(1) 0.00000220
(2) 0.00000240
(3) 0.00000280
(4) 0.00000320
Mid-Long
(1) 0.00000420
(2) 0.00000500
(3) 0.00000580
(4) 0.00000700
(5) 0.00000740
(6) 0.00000845
Stop loss: Close weekly candle below 163.
Capital allocation: <10%.
DO THINK TWICE
When making important decisions, give it plenty of time.
Do think twice.
Take time out to decide.
Take time off for yourself.
Do think twice, always.
Always take your time…
Because patience is key to succeed in this…
Namaste.
On the 11th October its price had strong drop, followed by another drop on the 15th which created a doji candlestick (also marked with purple date). The price bounced higher than the 12th Sept. drop, creating a higher low.
On the 14th August, this same support level was already tested. So it was tested three times in a row and still holds.
Now we have increasing volume and a very strong support. This is a good spot to open a trade, low risk with high rewards. Let’s take a look…
Trade instructions IOStoken
Buy in: 0.00000180 – 0.00000195
Next support: 0.00000170
IOSTBTC Targets by Alan Masters:
(1) 0.00000220
(2) 0.00000240
(3) 0.00000280
(4) 0.00000320
Mid-Long
(1) 0.00000420
(2) 0.00000500
(3) 0.00000580
(4) 0.00000700
(5) 0.00000740
(6) 0.00000845
Stop loss: Close weekly candle below 163.
Capital allocation: <10%.
DO THINK TWICE
When making important decisions, give it plenty of time.
Do think twice.
Take time out to decide.
Take time off for yourself.
Do think twice, always.
Always take your time…
Because patience is key to succeed in this…
Namaste.
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