IOSTUSDT
IOST/USDTIost breaking above our 100 MA, immediately resulting in a pump to our 2nd target(vip members). By nature , a daily close above 0.0054$ (100MA) would definitely be bullish or the upcoming weeks. Keep an eye on this coin for the midterm as it has a lot of room to grow; i have indicated some resistance levels that you can use as take profit levels.
IOSTUSDT formed bullish Gartley | Upto 28% move expectedAfter successful formation of bullish BAT pattern now the world's 68th ranked crypto token IOST has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look at the dimensions of IOST price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above the 0.786 Fibonacci levels then it can also lead to the long term bullish move.
So as per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.004975 to 0.004629
Sell between: $0.005261 $0.005934
As per above targets this trade has potential to give upto 28% gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic Gartley pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
$IOST : Ascending Triangle for a reversal ?Just checking this chart,
Waiting to bounce on support trendline.
If $OST break up, the retest could be great opportunity
Not Financial Advice
IOST/BTC TA Update (Bullish Inverse H&S?)IOST/BTC
There is a probable chance of Inverse Head & Shoulder pattern if IOST can hold the current price or not closing below 63 sats.
Currently, the price is still acting strong as it manages to hold the 50 MA and 100 Day MA as support.
We could expect the price to consolidate inside this pattern within 1-2 weeks.
Buy opportunity Hi,
Price has broken the flag and retested the upper trend line. buy zone and stoploss are shown in chart.
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.