iostusdtiost is making a cup and handle on longer time frame .It can be good buy here .most handles are made at 0.5 fib level of cup lenth and price is now at 0.5 .sometimes it makes a wick towards 0.618 which is covered in the demand zone . I expect a well run by iost in coming months. this one candle is of 3 days .long term trade .
NFA DYOR
IOSTUSDT trade ideas
IOSTUSDT - BULLISH CONTINUATIONIOST correction looks to be coming to an end, price has clearly found support at the 0.618 fib showing multiple rejections to the downside the range is narrowing showing signs of a breakout to come. I am waiting for either the market to make a fake break below support to hunt the stops and gather liquidity or a break above the descending corrective trendline for a entry confirmation to long.
IOSTUSDT BUY SETUPHi everyone :)
I’m meck and this is my first post in tradingview. The start for exciting and profitable journey.
A buy setup for IOST/USDT
With a nice risk to reward ratio. Golden lines are targets and 0.03549 is stop loss.
let me explain why we should buy this coin:
After breaking out a daily resistance zone ( near 0.0395$ ), A Flag Limit appeared from August 23 to September 3. On September 7, we can see FTB (First Time Back) and first time retesting of this daily demand zone. But engulfing didn’t happen. So we can count on this buying zone for the second time and set our buying orders inside of the Flag Limit zone.
IOST 65% Possible jumpIOST at bottom of Triangle Pattern that has held the bottom above $0.05000 since 09/07/21. Exaggerated Divergence on 8 hour chart on MACD, RSI, and Histogram. Also in smaller falling wedge pattern on smaller time frame with brake out bringing price action out of triangle pattern to $0.06100. Probably see some resistance around there. Then possibly up to $0.085 plus.
1H IOST EMA50 CatchHello,
In this trade I am only using 1 EMA indicator, and only long when price is above EMA50, and short when price is below EMA50
IOST seemingly broken the daily trendline is now retesting in the lower timeframe. A possible continuation to the upside.
Looking at target profits at 0.070
What are your thoughts?
IOSTUSDT - Trend Breakout!IOSTUSDT (4h Chart) Technical analysis
IOSTUSDT (4h Chart) Currently trading at $0.0596
Buy level :Above $0.0586
Stop loss: Below $0.0512
TP1: $0.0671
TP2: $0.0734
TP3: $0.0802
TP4: $0.0874
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.