IOSTBTC: 200% Target, Resistance & SupportHello fellow traders,
We have broken the falling wedge downtrend resistance with massive volume. I suspect that is the end of wave 2, meaning that this is wave 3 and we should expect a 1.618% Fibonacci rise. Giving us a target in the 1200 sat region. This wave can be extended.
We have resistance at the 500,600 and 840 sat regions.
Ultimately we have support at 0.
Good luck and have fun!
IOSTBTC trade ideas
IOSTBTC Short TermIOST BTC TF15, Hope im right about this one, SL when candle break under the support
200% Potential Iost? 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
IOST Broke downtrend, lets see if its a false breakout.If its staying above the resistance we can start buying.
Are you ready for some March flashback? July 25-28 to the moon?Cleaner charts are provided below, with bigger picture include.
So lets quickly look at the march rally.
As you can see, last time we got out of the wedge, and began to rally hard.
But also notice where we are at right now, relative to early march.
This means we are just getting ready before the next major push begins.
We might not see any major spike until we break out of the last descending resistance line.
July 25 -28 is where we should begin our ascension to heavens.
So we definitely have ways how we can scale up in the price.
I also, see a possibility for A-E pattern. Hopefully it does not happen, but don;t freak out.
Just keep on accumulating at the bases, and you will do fine.
Also don;t forget the Stop Loss, anything below 290 should be considered a potential exits, and take a loss. Reenter if it returerns back to 300+
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
Thank you,
Ajion
IOST entry opportunityIOST looks like its setting up for a nice 3-5% trade.
I will be watching the 3 and 5 minute MAC D for a buy signal and will update if I pull the trigger.
I will be posting all of my trades on here from now on so follow me if you are intereseted in seeing more of my day trades.
MAPPING FOR POTENTIAL TRADES-IOST/BTC 30MRight now it is a wait and see on how the next couple of days are going to play out. Here are some pathways I think it may choose to go.
Signals:
Bullish- Your attention should be peaked once there is a close above the 68 EMA line (white line). This can be a potential higher risk/ higher reward buy if you are wanting to wring out every percentage point. A more conservative area to buy would be once there is a second close above the purple trend line marked “THIS PURPLE LINE!!”; however, I have a feeling that by the time there is a cross they will be sitting on top of one another. In the instance the 68 EMA crosses over top of the purple trend line then I would wait for a close above the 68 EMA before making a move.
Bearish- Attention should be peaked once there is a close below the blue line, marked “THIS BLUE LINE!!”, and wait to see if there is a pull back to test it as a new resistance. I would not make a move until there are two closes below this trend line to avoid any head fakes.
Big picture take:
Overall, I am definitely bearish; however, I can tell that the bears are losing some of their power over the bulls. This can be shown by comparing the highs from 03 JUN 2018, 20 JUN 2018 and 03 JUL 2018, but I think there is still some fight left in them. (picture below)
#iostoken Daily chart+Fractal - Will the bulls make their move?Looking back at #iost aka #iostoken and once again, another chart that looks like it's forming a possible bottom. Added a fractal to better explain what I expect to see in the near weeks / months
IOST/BTC Correction Over ( 3rd Impulse Coming)Many alts have found market bottom after the recent crash with a promising reversal on the way.
IOST Has finished ABC correction after 1st impulse.
Hidden Bullish Divergence is clear with BOTH RSI and STOCH. MACD is also crossed over bullish.
R/R for this trade is -25% for a chance of 142%.
Buy in - 400-420
Targets:
477
616
766
973
Stop Loss: 289
IOST Bouncing off of Prior Descending Wedge IOST Bounced off of the the top resistance line of the descending wedge it was previously in. The T.D. Sequential is currently showing a 13 countdown buy signal on the 4 Hour Chart. Bullish divergence present on the 4 Hour RSI and StochRSI.
IOST breakout imminentBullish divergence on the RSI daily as the price is decreasing. .618 Fib retracement suggests 20% profit potential.
Bullish Divergence IOSTBTCIOST is showing three divergences, it is bullish on EFI, MACD-H and RSI
I Think the first target is realistic, but I have set an alert when it is about to hit the price around the EMA.
I have to see if I get out, or look for strength and see the price hit the +1 ATR
Entry: 0.00000365
Target 0.00000374
Target 2 0.00000381
SL: 0.00000360
Target 1 R/R Ratio: 1.8
Target 2 R/R Ratio: 1:3
Like if you are bullish-comment if bearish Guys do you think we have the momentum to break 390-395 Sat in a short amount of time??
Please let me know toward which color we are heading, orange or Green first??
Thanks
#G.Baz - #TheColorchartist - #ChartsInColors
IOSTBTC; TargetsHello fellow traders,
The time has come. It looks like we are ready for the next leg up. If not now, very soon.
There are multiple positive signs that this contraction is over:
1. Bullish RSI Reversal Divergence
2. Twin Peak on AO
3. Cup and Handle where the handle has completed (or very soon about to complete) a falling wedge with a perfect ABCDE
4. Broke up from the symmetrical triangle
Good luck and have fun!
A trading opportunity to buy in IOSTBTC Technical analysis:
. IOSTOKEN/BITCOIN is in a downtrend 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 45.
. The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000036 to 0.0000031). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000036)
Ending of entry zone (0.0000031)
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= @ 0.00000408
TP2= @ 0.00000477
TP3= @ 0.00000518
TP4= @ 0.00000568
TP5= @ 0.00000616
TP6= @ 0.00000703
TP7= @ 0.00000763
TP8= Free
A trading opportunity to buy in IOSTBTC Technical analysis:
. IOSTOKEN/BITCOIN is in a downtrend 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 45.
. The RSI downtrend #1 & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. The price is in a downtrend and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0000036 to 0.0000031). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000036)
Ending of entry zone (0.0000031)
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= @ 0.00000408
TP2= @ 0.00000477
TP3= @ 0.00000518
TP4= @ 0.00000568
TP5= @ 0.00000616
TP6= @ 0.00000703
TP7= @ 0.00000763
TP8= Free
IOST (IOST)2 Buy signal
The first signal
Buy around 0.00000338/0.00000305
Targets
0.00000366
0.00000403
Stop_loss
Close below 0.00000300 daily
Risk / Reward :
3 % / 20%
Invest : 3%
Sec Signal
Buy around 0.00000226/0.00000186
Targets
0.0000024
0.00000289
0.00000401
0.00000468
Stop_loss
Close below 0.00000174 daily
Risk/Reward:
6% / 151%
Invest : 5%
We ask Allah reconcile and repay