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IOSTBTC

CUP AND HANDLE Formation and good news floor the next 100% gain.What's up Lads and Ladies! Here once again we can see a pretty nice cup and handle formation. Neckline is around 830 pretty well respected and will be the first big target when it breaks out at around 535. The next bigger still possible point will be at 1050. Since there are news about a potential new exchange listing this handle breakout is getting more and more likely. It might push it over 1050, not for a long time though. Cheers, Tomas
ILong
by KongTrading
1
#IOST, Will it hold the forkpitch channel? GOOD BUY or BYEBYEHi, this is what I thinking about the IOST chart.. I have just charted this as wish from a friend. Im not hodl this coin myself now, this is only to show a friend what i think of Iost over the next few days. We are now in the bottom of the forkpitch channel and I think it depends entirely on btc falls below 8900 if we fall out or not, in other words, if btc falls below 8800 I think Iost falls out of this channeltrend. What I can see for me is that it will then go down to 38:20 or mabye so far as 61:20 fiblevel from recently high (Only if we break the forkpitch). If we follow most charts from 30min to 1 day, all clear indications show that rsi is on the way down, but what I see at the 2 hours chart is that the rsi are around 26 which is clearly oversold and we are almost oversold in 4 hours, so I now think that the price will soon flatten out and I expect that we will soon start turning the trend again to hunt the median line (RED LINE IN MIDDLE OF CHANNEL) in the forkpitch. However, I expect that we continue to keep the channel, but if we drop below 555sat, I would review my position as I see that we can quickly drop down to 500-520sat a place if thats happen or even more! Tade safe, be safe! But as we can see with MACD on 1 day, the macd are about to cross and thats its a bit scary. But that can fast turn back again when RSI turns on the 2 hours and 4 hours chart.
I
by PorsTrade
31
IOST Bullish Divergence on the Short-TermHere's a quick analysis on IOST for the short-term. Watching the 15m charts, a hidden bullish divergence is forming between the Price and RSI. This divergence, along with the support line in white and the .786 retracement level, should be enough to break IOST out of this descending channel. For price targets, I'll expect any of these retracement levels, but my sights are set on the .5 and the .382, seeing as how well IOST has respected Fib levels. Good luck!
ILong
by jakewiedower
IOSTBTC - Painting Promising PicturesIOST is one of my more promising Gen 3 Crypto picks, with an impressive team and recent good news including token lock up (medium.com), this should be a big gainer this year and beyond. Cup And Handle, Fibonnaci - After finding a (double) bottom in the 190sat range, IOST has had a good couple of weeks, after forming a cup and hitting resistance at 520sat it has had a couple of red days forming the handle, the .786 fib is showing some support with historical support just below at 390sat, laddered buys around these areas are looking tasty. RSI, Hidden Bullish Divergence - Price making a higher low, with RSI making a lower low gives hidden bullish divergence, right on the handle that is forming.
ILong
by zooby