IOSTBTC trade ideas
IOST ANALYSIS FEBRUARY 16 , 2018The price moves in a descending channel up and down
If the line of resistance is breached 0.00000433 BTC I expect to achieve new figures
0.00000445 BTC
0.00000485 BTC
0.00000500 BTC
The second possibility is the even bouncing price of 0.0000390 BTC
Stop loss at 0.00000380 BTC
IOST - Give me a fair shake of the sauce bottle!Hello Traders, welcome to my analysis of IOST
After being launched on Binance in the last 30 days IOST has steadily been tracking downwards but in the past few days has found a base of support around the 400 sats mark. Although we got off to a rough start I believe this was partly due to bitcoins consolidation over the past couple of months and IOST is yet to be given a fair chance to prove itself.
I can see that for the last 10 days or so a descending wedge has been forming bouncing off support at 400, on the upside we have rejected from the 437 resistence level a few times now but overall I believe this chart is starting to look good.
A 4 HR inside bar is forming with around 1 hour until it closes, RSI is hovering around 50, MACD is tight but bullish.
Go Long on an inside bar bull break of 437 Sats, set your stop loss at 409 sats
Take 25% profit at 462
Take 50% profit at 519
Hold the rest.
A break below 400 sats will see further moves downwards.
Good luck and happy trading!
IOST/BTC Long-term PredictionNote: Amateur/rookie opinion.
Good long-term hold. New token.
Fundamentals:
The fundamentals are strong for IOST. Capable and professional team.
Smart contracts and DApps. Unique and scalable Proof-of-Believability mechanism.
Added note: If something as rubbish as TRON and XRP tokens (with no usable function) can reach 40c and $3.30 with a 100 billion total supply each respectively, then IOST with 21 billion can certainly reach minimum that price if not higher.
IOST has lower total supply compared to ADA which was also sitting at the current dollar price
Technicals:
Difficult to trace future price for a new token, but current price is almost x4 lower than what it was (end of Januray to present).
Sellers have almost run dry based on volume. Descending triangle pattern could indicate beginning of bullish sentiment and investment.
Long-term price prediction in USD terms $0.4-$1+ (depends on BTC/USD price rise)
My opinion: a good long-term hold
AnalysisWe passed red trend, if it's able to hold this one we'll be heading towards yellow trend. This puts us above 50-day EMA which could mean we are heading for a bullish movement. If we pass green trend I'm pretty sure we could see a continuation upwards.
buy low sell high IOST folks, train your mind to buy when a coin is flat versus a coin that has risen 500-600 percent .
IOST Buy SetupAll eyes on BTC for the next few days, but if BTC falls back to 6k we will likely see IOST drop under $0.03. Anywhere under $0.03 is a good buy in my opinion, as these are ICO prices and have a favorable risk to reward ratio. Happy trading!
$IOST - A quick TA of an impending breakoutQuick TA of the falling wedge
Red boxes: failed breakouts, as indicated by shooting stars on the candlesticks.
Red lines: resistance lines formed by finding the failed breakouts.
IOST on the rise, BTC market giving a good boostPosted this in a private group before:
IOST is back on the rise, going slowly but steady back towards the 500 mark. The marktet is however far from stable so be carefull with what you HODL and expectations.
For newcomers on the block, here's my suggestions:
Buy up to: 450.
S/l: 400
Targets:
T1 - 490
T2 - 550
T3 - 600
Feel free to join our (IOST) TA group: t.me
IOSTBTC: Bottom is in?Hello Fellow Traders,
It looks like the bottom is in for IOST. There are a couple of indicators that hint to the bottom being locked in and we are going to go up from here.
1. There is bullish divergence on the RSI
2. There was a second low that didn't break the Bollinger Band for the W Double Bottom Pattern
Breakout is 541 Sats.
Good Luck.
IOST back to 800satsIOST is looking a promising coin. Whilst many others have pumped up over the past 24hours IOST has not. Steady ramping up. Its coming to a decision point (very soon) after bottoming out not long ago (like many other coins). I am finding this interesting as after the bottom out there was a lack of big green candles. So, I think it will re-test 800sats over the next few days. Otherwise, it will trend sideways.
What are your thoughts on IOST?
This is an update on a previous post.
IOSTBTCIOSTBTC
The price go in down channel and face the main downtrend that still active which meets the center line of the channel, the previous broken support that work as resistance, the moving average 55 and the moving average 100, So we can see that 0.00000546 level is a strong resistance.
If the price break the downtrend and close over the 0.00000550 level, it will go to the next resistance then back to test the broken trend and resistance.
If the price fail to break the downtrend and rebound from it, it will go to the previous support 0.00000469 level or the bottom of the channel to create new low price.
Slow recovery, buy the dip KEK™I've waited with this TA for a few hours to make sure it wasn't an too early call; proof 2-3 hours ago (image.prntscr.com)
Last night's (16h ago) TA was looking on the positive side ( BTC -4.03% ~9100) with a growth of about 50 sat avg 0.18% . per 24h as BTC -4.03% was keeping steady. This morning we got woken up to a frenzy market. BTC -4.03% down -5%, opening from 9181, taking down altcoins with it. Current holders are in for a longer run if and when BTC -4.03% continues to fall face first. Interested parties to buy IOST should keep an eye out on the market for any changes to BTC/ETH before buying.
Suggestions for people looking into IOST to buy: Buy up to 550, S/L 475.
Targets for new buyers: Anything over previous targets:
T1: 605
T2: 660
T3: 715
Targets for holders: anything that makes you happy, but this current BTC -4.03% market is making it tough for bagholders above the 600 mark.
Keep those strong hands and let's see how the BTC/ETH market develops.
BTC dropped - IOST follow > Long term HODLAnd that's why we say: never say never.
Last night's (6h ago) TA was looking on the positive side (BTC ~9100) with a growth of about 50 sat avg. per 24h as BTC was keeping steady. This morning we got woken up to a frenzy market. BTC down -5%, opening from 9181, taking down altcoins with it. Current holders are in for a longer run if and when BTC continues to fall face first. Interested parties to buy IOST should keep an eye out on the market for any changes to BTC/ETH before buying.
Suggestions for people looking into IOST to buy: Buy up to 475, S/L 400.
Targets for new buyers: Anything over previous ATL and 525 and up.
Targets for holders: anything that makes you happy, but this current BTC market is making it tough for bagholders above the 600 mark.
Keep those strong hands and let's see how the BTC/ETH market develops.
IOST CHART UPDATED w/ IMPORTANT EVENTSThis is a little update w/ the last events added to the chart. Been holding the slow upwards crawl nicely since this morning. If the current trend keeps up, we might finally have seen the bottom. But ofcourse, never say never. This is what i hope to expect.
Targets for the coming days:
Buy up to 600, S/L 514 *redline in chart being ATL of 514, hasn't dipped since.
T1 - 675
T2 - 750
T3 - 825
