Long
200% Potential Iost?
Updated
Iost is in this large falling wedge. It's only a matter of time until we see a break out.
There's two targets. The first target assumes a continuation of a bear market while the second target is cryptocurrency as whole rebounding into a bull market.
MACD showing bullish divergence
As of right now price was rejected by the 21 ema on the daily chart but my bias is to the upside once we see a breakout
*second target is a 1.618 extension of the first large run up
There's two targets. The first target assumes a continuation of a bear market while the second target is cryptocurrency as whole rebounding into a bull market.
MACD showing bullish divergence
As of right now price was rejected by the 21 ema on the daily chart but my bias is to the upside once we see a breakout
*second target is a 1.618 extension of the first large run up
Note
Note there is NO stop loss on this trade. Will take some time for a breakout
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