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$IOST/USDT 4h (#BinanceFutures)Falling broadening wedge breakout
IOST / TetherUS PERPETUAL CONTRACT
Long
$IOST/USDT 4h (#BinanceFutures)Falling broadening wedge breakout
By TradingOn
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Updated
Feb 7, 2022
6
Feb 2, 2022
Internet Of Services Token looks good for bullish continuation after regaining 100EMA support!
Current Price= 0.026028
Buy Entry= 0.025961 - 0.024841
Take Profit= 0.028987 | 0.032609 | 0.036183
Stop Loss= 0.022522
Risk/Reward= 1:1.25 | 1:2.5 | 1:3.75
Expected Profit= +28.24% | +56.76% | +84.90%
Possible Loss= -22.66%
Fib. Retracement= 0.618 | 0.786 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Tags: #IOST #IOSTUSDT #IoT #DApp #NFT #Maketplace #Hardware #Wallet
Website:
iost.io
Contract:
#Mainnet
Feb 3, 2022
Trade active
All entries filled
InternetOfServicesToken lost 100EMA but found support slightly lower on 50MA, let's hope it bounces from it!
Feb 7, 2022
Trade closed: target reached
TP1 reached +28.24% (2x) and +1.25R
InternetOfServicesToken bounced quite accurately and seems to be heading higher.
Continuation is in play, SL edited up to 0.024841 and let it go!
hardware
internetofservicestoken
iost
IOSTUSDT
IOT
marketplace
Moving Averages
nft
Trend Analysis
wallet
Wedge
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