A new trading opportunity to buy in IOSTBTCTechnical analysis:
. IOSTOKEN/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the RSI downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00000400 to 0.00000356). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000400)
Ending of entry zone (0.00000356)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000477
TP2= @ 0.00000518
TP3= @ 0.00000568
TP4= @ 0.00000616
TP5= @ 0.00000703
TP6= @ 0.00000763
TP7= Free
Iost
A new trading opportunity to buy in IOSTBTCTechnical analysis:
. IOSTOKEN/BITCOIN is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.
. While the RSI downtrend #1 and the price downtrend in daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.00000400 to 0.00000356). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000400)
Ending of entry zone (0.00000356)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000477
TP2= @ 0.00000518
TP3= @ 0.00000568
TP4= @ 0.00000616
TP5= @ 0.00000703
TP6= @ 0.00000763
TP7= Free
ISimple Token Expected to Double in ValueISimple Token seem to have found the bottom at $0.023 level. The support level is seen at 78.6% Fibonacci retracement, that is $0.027. This level today has been rejected along with the 3/1 Gann Fan trendline, while the price produce a new high high.
Simultaniously, IOST/USD is breaking above the downtrend trendline, and this combined price action suggests the beginning of a short or medium term uptrend. The strong resistance is seen at 23.6% Fibs, that is $0.063. If/when this price is reached IOST would more than double in value against the USD.
It seems that today price bounced off the support level, with the daily low at $0.026. Break and close below that price on the daily chart would invalidate bullish outlook. This makes the potential buy trade setup with an extremely high risk/reward ratio, which could be very attractive for ISimpleToken investors.
#IOST update: On 100DMA life support #iostbtc #crypto #Iost has broken below the wave c low at 475 and is currently supported by the 100DMA at 476.
C wave was at 1:1 fib extension of A
X wave: 38.2fib retrace of W
Range for Y leg , if support at 100DMA: 467 is broken, at below support levels: 436,400,350,250.
Bullish view if the support at 100DMA: 476 holds.
IOST/ETH 1H Charts RSI Divergence & MACD CrossoverAs title says, we're seeing an RSI Divergence on a 1H time scale.
Also seeing a MACD Crossover, which will strength once it crosses zero line.
#Iost Trade-setup $IOSTBTC $iost #crypto $crypto#Iost has started a new impulsive wave sequence , after being in a correction period for 20days retracing to 470-480 sats region as expected.
This was posted on 22 April:
Now, #Iost has started a new impulsive sequence since then,
Currently it is facing resistance around 600 region, after Wave 1 made a swing high of 608 .
In the 1D t-f we can see #Iost facing resistance at the 20 & 50 DMA levels (585 & 582)
RSI is facing resistance around 50 level.
Yesterday's close was above 20 & 50 DMA levels, if today it manages to close above 585 then we can expect it to rally to 650 region
In the 4H t-f #Iost has support at the 20, 50 &100 SMA's (558,541 & 570)
In the 2H t-f we can see #iost losing momentum as shown by the Divergences in RSI & stoch with overbought levels, so we can expect a short term pullback .
Ideal entry will be to enter on this pullback:
Open: 540-545 (Taking Wave 2 retracement around 50fib region)
Target 1: 670-680 (Taking Wave 3 as 1:1fib ext of Wave 1)
Target 2:750-760 (Taking Wave 3 as 1.618 fib ext of Wave 1)
Stop loss: 525 (below the 61.8fib retracement)
Risk: 3.14% Risk:Reward: 12.7
IOST DipHoping to catch IOST on this dip.
Laddering my buys from the .5 to the .618 with a majority of my buys at the .618
IOST / BTC // BASE CHANNEL / RUPTURE / reboundsIOSTOKEN
iostoken
is fulfilling a figure of a bearish channel chartist
watch out for rebounds
IOST or BTC? ALWAYS LOOK AT COINS IN RELATION TO BTC . NEVER TRUST SOMEONE WHO DOESN'T LOOK AT THE RELATIONSHIP TO BTC.
THE CHART IS INTENDED TO BE ZOOMED IN ON TO SEE CERTAIN POINTS. PLEASE DON'T KILL YOUR EYES LOOKING AT THE SPECIFICS OF THE ZOOMED OUT VERSION.
See what BTC might do before thinking about buying any Crypto. I believe in trading when BTC looks good to bounce (continue/end current trend)and using BTCas the base-point for buying into and out of alts. Coins may trade on their own TA, but more than not their TA will be effected by BTC. Due to the severity of the big trends possibly ending.
Not much to say besides it seems to be following the pattern of the sentiment of BTC. AKA many people believe in the BTC area we dropped to as the base point to go back up and re-test.
We see the same drops and the same recovery on the 24th with the dip to 7,450 - 7,300 and the bigger recovery starting on the 28th from the 7k drop.
Looking For a 9% Move in IOSTBTC...Soon!IOST already looks to be benefiting from the upward movement we're seeing in Bitcoin this evening. With continued movement higher for Bitcoin, I would expect IOST and many other altcoins to follow suit. My first target in IOST is at the .382 Fib Extension or .00000616 (or just shy of that). With Squeezes firing or looking to fire long across multiple time-frames makes me thing we'll see the move soon. Setting a stop at .00000555.
IOST BUY Opportunity!At this market conditions trade very-very carefully!
IOST price vs BTC is right now at good price level!
Some criteria's is on the right place and ready to launch!
Trade cautiously!
Good luck!
IOST will go higher after small pullback IOST will go higher after the pullback
Perfect chance to grab some IOST for the Long term
You can buy it now it.
BuyZone
600
Target 1
700
Target 2
850
Target 3
LONG TERM HOLD
Stop Loss
550
Time Frame
Midterm / Longterm
iost bear runchart says it all. stay out of this coin if you cannot margin it. Re-entry around September?
IOST touched support zone. What is the next?- Strong support at
- Everytime it touches the support zone, it bounces
- I see H&S pattern. So the best sell price is 700-720
Note : It is so risky to trade right now due to BTC. Market is bearish. Be careful. But the trade has low risk. Ratio is -5/+16%
Good luck!
IOSTBTC is it going LONGIOSTBT
I'm new here. Trying to understand and looking to buy at a grate disscount.
And to share my idea.
TK.
IOST: Bullish Trend ContinuesIOST is surprisingly symmetrical. It has created an endless stream of cups and handles. The handles have always gone down to the bullish trendline and pop up to complete the next cup.
This next cup should bring us up to 1200ish sats
Happy trading!
IOSTBTCAccording to this support line, IOSTBTC might go for another big green candle. Not an investment advice.