IOSTUSDT trade ideas
IOSTUSDT formed bullish Gartley | Upto 14.5% potential tradePriceline of IOST / Tether US has formed a bullish Gartley pattern and entering in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.004958 to 0.004768
Sell between: 0.005107 to 0.005466
Regards,
Atif Akbar (moon333)
IOSTUSDT forming shark pattern | A good long opportunity aheadPriceline of Internet of Services / Tether US is forming a bullish shark pattern and soon the price action will be entered in potential reversal zone.
RSI is oversold.
I have use Fibonacci sequence to set the targets.
Buy between: 0.008236 to 0.008022
Sell between: 0.008426 to 0.008844
Regards,
Atif Akbar (moon333)
IOST/USD - The Sleeping Dragon!Hi, today we are going to talk about IOST!
In the last three days, IOST, have faced an average devaluation of 31%, consuming the movement of the previous 100 days. So we have a bearish distortion, and soon the Bull is going to correct this furiously.
Thanks for reading, and have good trades
Possible long future ahead. IOST soon has a path to take. As a perfectly symmetrical traingle pattern is forming. It is always a 50-50 chance. It may go up or down at the tipp of that triangle.
So far it has been a status quo on the market.
All I can say is keep an I on the charts and make an alert if possible, when price moves up or down at that tiping point and go into the position as long or as short.
This isn't clearly a CLEAR answer or advice, as it is 50-50. But those who are margin trading have a profit to make either way.
Those who are just selling and buying wait for the clear shift out of the borders of this triangle.
GL! Feel free to comment and voice your oppinions on this possible IOST path ahead.
IOST - Potential buy entry Hi everyone,
If the price retraces, there is a potential good entry within the highlighted area in white.
Buy Range : 0.012056 - 0.011868
Potential gains around 10% or more if you trail profits.
TP range: 0.013428 - 0.013208
SL: 3% from your entry
*Not financial advise, just sharing my ideas :)
Feel free to give your feedback/opinion. Thanks for reading!