IOSTBTC trade ideas
IOST/BTC Binance Competition Time Interval Technical AnalysisThis work shows the technical analysis of IOST/BTC pair on Binance during the time interval which Binance had arranged a giveaway competition in.
IOSTBTC bowl game - forming big cup - v2if it plays out -
Check the updated black wave 12345. with wave 3 = wave 1, wave 5 would be at trend fib @ 2.618 (target at the blue line price 941sats)
I updated the blue arrow (sub waves of black extended wave 5):
- if first 2 small tops formed as shown in the chart, then it is counted as wave 1
- wave 3 @ 1.618 retracing @ 0.382, expecting corrective abc, then heading for wave 5 @ 1.618 to complete trend wave target @ 2.618
iost time to the moonIOST
time to moon i see
cup and handle
will see big profit soon
use stop lose in 450
IOSTBTC 4H LongBullish market structure with higher highs being formed. Price appears to be rejecting from a bullish 61.8% fib zone, which also matches up with the 34 EMA and a previous resistance zone that should now act as support.
IOST/BTC looks a lot like EOS/IOTA did late oct 2017Tittle says it all. I know it probably won't happen but still, low sat/USD value coin (aka noobs buying it because "muh it's cheap" ) , looks a lot like EOS and IOTA did before they took off late october/ early november 2017.
IOSToken//BTC// buy fulfilling patterns
there are 2 buying opportunities in iostoken. making a bearish triangle
IOST 4HR UpdateSTOCH RSI is fully reset on the 4HR. RSI on 4HR is pointing upwards. Should see uptrend with bollinger bands labeled as potential targets.
THIS IS NOT FINANCIAL ADVICE!
IOST very bullish for long term!Looking very nice for long term. I'd wait until we settle around 500-530.
$IOSTI love these kinds of charts, ones that follow patterns. For the last two pumps, the pump has happened on the 13th day after a series of sideways action. If the trend follows, slow growth from it's current position and in 13 days (11 is the shortest and 17 is the longest) there will be a sat gain. Overall, a 397 sat gain in 35 days, or a 67% profit if you rode it all the way. 532 seems like a great entry point considering the past month's history.
IOST steady growthIOST continuous to have a steady and healthy growth. there is a resistance around 566 sats, and a support at around 502 sats. We can also see that this cycle is currently in the middle of a small triangle. The trend lines touch in various points of the graph, and they give strong indicators that IOST would keep going up this week. However, if the volume of IOST increase, we can see it breaking the resistance and creating a new upward cycle. It is possible it would go down until 505 sats if it brakes the 530 sats resistance but it would recover to 566 sats shortly after
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!
