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.
IOSTUSD
IOST/BTC TA Update (Bullish Inverse H&S?)IOST/BTC
There is a probable chance of Inverse Head & Shoulder pattern if IOST can hold the current price or not closing below 63 sats.
Currently, the price is still acting strong as it manages to hold the 50 MA and 100 Day MA as support.
We could expect the price to consolidate inside this pattern within 1-2 weeks.
IOST / Bitcoin | Possible Uptrend continuation.IOST made a breakout from Falling Wedge (RED).
Next resistance as I see is around 100 and 130.
Looking for stop loss near 74 daily close.
IOST is #1 erc20 token by monthly growth.
IOSTBTC 4HH&S is inside of the rising in symmetrical triangle, can prepare a new uptrend. Good luck!
iostbtcas you can see #iostbtc is in very good place ! ema 100 is on 70 and is very strong support !
with increasing of volume it can start to make profit !
have nice trade
ENJOY THE BULL RUNALWAYS REMEMBER .... STOP LOSS
BTC: 19CbHa1h5bSr8wFjk3HdoQJFnesGcgie4E
ETH: 0xcb8d6f9bece2f3b725278213c7e78aec1032df1e
LTC: LVwa2YVV3yfvFaFe2bEXoiHvRRfvDe5yrz
ADA: DdzFFzCqrht6SprTcEMEVXgbvLx6Nsb23UpTPb3omKpqUqjP5G7obHJieq7JuhDRLRPHaTfsRoavgeEDQoL5ZNT8FNMhwaDYAV3u1wov
DASH: XhtpH23MWoPqqihHfE9CqgRbzcnHE7okf5
IOSTUSDWhile IOST hasn't seen it, the base price is 0.00686290, 100MA.
It is far from the historical downtrend line and far from the base price of 0.01050258.
Keeping prices above 100MA and 0.00686290 points, we believe 300MA, the downtrend line and the touch of 0.01050258 points are important challenges.
If we go back below the 0.00686290 point and maintain our price, it would be difficult to see a significant rise in the bull market, which is likely to rise in the second half of next year or the next year.
IOSTUSDI think one of the coins with a high volume of trading in a similar coin market cap ranking is IOST.
As with other coins, the chart fell by falling a lot.
The peculiar spot on the weekly chart is that the RSI has moved below 30 and then up.
I think it's a good place to start, and there's been a lot of trading at the low price of 0.00686290.
The inflection date for the IOST is around January 2020.
If you touch the 0.01050258 point before that, I think there is a possibility of arriving at the 0.01934575 point in a faster period.
I think it's an IOST that's about to change next year.
I think we are drawing a notable chart.
IOSTUSD hold of the year. Follow the volume with a great Risk/Reward ratio. Target price is 0.06 USD with a possible continuation (depends on a market conditions).
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)
IOSTBTC - Break OutAs we've seen that IOST had breakout the trendline and mid range, i'm expecting that will be Higher High after the pullback of breakout.
Good place to buy is at pullback zone mid range / fib 0.145 : 0.00000070 Price
Good place to sell is at high range / fib 0.382 : 0.00000080 Price
Good place to set stop loss is below the mid range : 0.00000068 Price
Note : This is my personal opinion and it must not be taken as financial advice or guidance to base your actions. It is necessary for you to perform your own research or analysis before you do anything with your money, Thank you for reading.
There is a trading opportunity to buy in IOSTUSDTechnical analysis:
. Isimple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00610000 to 0.00360000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00610000)
Ending of entry zone (0.00360000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00980000
TP2= @ 0.01450000
TP3= @ 0.01930000
TP4= @ 0.02896000
TP5= @ 0.03680000
TP6= @ 0.04750000
TP7= @ 0.07000000
TP8= Free
There is a trading opportunity to buy in IOSTUSDTechnical analysis:
. Isimple/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00610000 to 0.00360000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00610000)
Ending of entry zone (0.00360000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00980000
TP2= @ 0.01450000
TP3= @ 0.01930000
TP4= @ 0.02896000
TP5= @ 0.03680000
TP6= @ 0.04750000
TP7= @ 0.07000000
TP8= Free
IOST almost ready for a buy againShoulder didn't hold. So Idea 2 is now in place.
Will search for an INV head n shoulder "mini" inside a long drawn out right shoulder. I mean...if we get another buy again at .005 I won't complain lol...
long from .0045
TP: .0225
TP2: .03
TP3: .042
IOSTUSDT forming shark pattern | A good long opportunity aheadPriceline of Internet of Services / Tether US is forming a bullish shark pattern and soon the price action will be entered in potential reversal zone.
RSI is oversold.
I have use Fibonacci sequence to set the targets.
Buy between: 0.008236 to 0.008022
Sell between: 0.008426 to 0.008844
Regards,
Atif Akbar (moon333)
IOST/USD - The Sleeping Dragon!Hi, today we are going to talk about IOST!
In the last three days, IOST, have faced an average devaluation of 31%, consuming the movement of the previous 100 days. So we have a bearish distortion, and soon the Bull is going to correct this furiously.
Thanks for reading, and have good trades
Possible long future ahead. IOST soon has a path to take. As a perfectly symmetrical traingle pattern is forming. It is always a 50-50 chance. It may go up or down at the tipp of that triangle.
So far it has been a status quo on the market.
All I can say is keep an I on the charts and make an alert if possible, when price moves up or down at that tiping point and go into the position as long or as short.
This isn't clearly a CLEAR answer or advice, as it is 50-50. But those who are margin trading have a profit to make either way.
Those who are just selling and buying wait for the clear shift out of the borders of this triangle.
GL! Feel free to comment and voice your oppinions on this possible IOST path ahead.