IOSTUSDT trade ideas
IOST 12h Will there be news and growth or it doomed to fall?Two weeks have passed since the publication of the previous IOSTUSDT idea.
During this time, the IOST price lowered by 40%, as we expected, check the link above!)
The previous insane growth was fueled by an intriguing tweet from IOST co-founder Jimmy Zhong that we should expect some super news on 16 January.
But we either missed it, or the super news never came out.
Please write about it in the comments.
We only saw the news that the coin can now be staked on the Binance exchange.
As we already wrote, there is a cool phrase: "Buy on the rumor, sell on the news".
We hope that our previous warning idea helped to fix profit on Longs in time and keep the deposit from drawdown.
If you look at the IOSTUSD chart today, it looks like the price falls are slowly slowing down, at least small red candles without volumes indicate that there are no aggressive sales yet.
Perhaps another intriguing tweet is expected in the near future?
Then the IOSTUSDT price can easily fly up to $0.024, or even up to $0.035.
The negative scenario of the fall continuation is activated below $0.0125.
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IOSTUSDT Analytical and technicalIn the last two or three weeks, a lot of attention has been paid to it and this can be understood from the volume of transactions. Flooring has been adjusted in the range of 0.017.Due to its good news and appropriate support, 0.03 resistance will be broken first and a new trend will start after breaking the high ceiling in the range of 0.052.
IOSTUSDT (IOST) - POTENTIAL BREAKOUT ANALYSIS 🔎
- IOSTUSDT brokeout above the falling wedge's resistance.
- Price action is printing an ascending triangle pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
SHORT-TERM!! IOSTUSDT>> BUY.SHORT TERM TRADERS CAN BUY IOSTUSDT AT MARKET AND SELL AT SPECIFIED TARGET. LONG TERM TARGETS ARE MUCH HIGHER.
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"
