IOSTUSDT trade ideas
IOSTUSDT 1H In general, we are in the correction of a large wave, and in a small glance, we are in the correction of a microwave, which we have to see.
Keep in mind that because the floor has been hit many times and not broken, it can be difficult
0 0.017355
SL 0.016750
TP1 0.017450
Buy IOST/USDT Target 10~40%IOST showed good support here and it has big announcement coming this week.
Head and shoulders pattern. Going down!Seems that clear H&S pattern has been created. It indicates more downside.
Breakout was successful, it should keep goingI've entered IOST just before it broke out this big fallingh wedge but I forgot to post the signal. Despite me being late, as you can see it has a lot of way to go. Moreover IOST is working with Chinese government as the platform for digital Yuan. When TA and FA are both positive this should be a huge blast. I think there's still time to buy and exit in profit.
Second wave for a 300% target1. After a huge 380 % wave in 10 days IOST just brok a an descendent chanel.
2. The RSI in the 1D just cross.
We are in a ALT season so it's look possible with some volume.
IOSTUSDT (IOST) - UPTREND CONTINUATION ANALYSIS 🔎
- IOSTUSDT bounced off the ascending channel support and brokeout above the descending trendline resistance (1).
- Price is heading to the ascending channel resistance.
- Price is undergoing a minor retracement to the key fibonacci retracement levels.
- We could see an uptrend continuation from those key levels.
- The minor retracement is resisted by the descending trendline resistance (2).
BUY ENTRY ⬆️
- Aggressive (risky) : fibonacci retracement levels.
- Conservative : breakout above the descending trendline resistance (2).
TARGETS 🎯
- Swing high
- Fibonacci extension levels
SETUP INVALIDATION ❌
- Breakdown below the ascending channel support.
IOST waking upIOST is waking up and broke out of its pattern. I believe a new wave has started here. I expect the price to go up from there.
IOST --- USDTResistence 0.0185 - 0.0190
Support 0.016 - 0.0165
If BTC drop harder than yesterday , 0.011 - 0.013 is possible area to IOST
Let see
IOST: Getting ready for price discovery!Bull flag confirmed!
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Falling wedge = bullish signalIOST trying to break this falling wedge at daily chart, RSI is just below 50, the chart is below the BB middle line. Everything seems set. At 5 min it has already broken out.
✳️IOST/USDT Analysis (24/1) #IOST $IOSTIOST just broke out of the Falling Wedge pattern after testing $0.015 zone, so we can expect another strong rally of IOST.
If IOST conquers $0.02 zone, it will return to test its recent peak at $0.026 and it is highly likely that it will continue to rise to $0.032 zone over the next few days.
📅NEWS
👉Jan 21 : Dev Updates
👉Jan 22 : IOST/HUSD Integration
👉Aug 1 : Month Airdrop Ends
📈BUY
-Buy: 0.014-0.015$. SL B
-Buy: 0.019-0.020$ if A. SL B
📉SELL
-Sell: 0.019-0.020$. SL A
-Sell: 0.026-0.027$. SL A
-Sell: 0.031-0.032$.SL A
♻️BACK-UP
-Sell: 0.014-0.015$ if B. SL A
-Buy: 0.010-0.011$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
iost can explde any time iost broke out of falling wedge and have bullish divergence on MACD, if Btc does not crash soon, this is going to be an amazing trade, As IOST CAN BRING 80% trade from here.
IOSTUSDT - FALLING WEDGE ANALYSIS 🔎
- IOSTUSDT is printing a falling wedge pattern.
- This is a bullish pattern.
BUY ENTRY ⬆️
- Breakout above the falling wedge resistance.
TARGETS 🎯
- Horizontal resistance levels (R1, R2, R3).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge support.
Retracement? IOST/USDT is this an opportunity to buy?Emotion does effect our trading decisions. Remember when price move up just a few days or week ago. Did you feel like missing the boat. Well now IOST/USDT is nearing major Fibo retracement zone. Will you buy here or wait for further downwards price action? #rememberfomo
