Long
IONO about IOST - Possible Channel? Possible Cup underway?

Couple of things going on with this one. There definitely has been a channel working for sometime now on the 1D chart. You can see that channel in the parallel red lines. I also drew up a possible second channel in bright green lines. If it leaves said red channel for said green channel I think we may see said cup formation begin to take shape. I may have stepped out of bounds on this one, but that's where my eyes took me. I would consider this a very high risk setup as the argument could also be made we just saw a minimal 5 wave impulse and are undergoing wave A of the ABC correction as we speak.
Either way you slice it, this is one to keep an eye on as it has leveled off substantially after a vicious dismantling has taken place.
Additionally, how do I find poop emojis? I asked in the chart as well but if anyone has inside scoop on these I would appreciate it!
Don't take this as advice. Do your own research and don't trust my whimsical chart viewing. :-)
Either way you slice it, this is one to keep an eye on as it has leveled off substantially after a vicious dismantling has taken place.
Additionally, how do I find poop emojis? I asked in the chart as well but if anyone has inside scoop on these I would appreciate it!
Don't take this as advice. Do your own research and don't trust my whimsical chart viewing. :-)
Note
Green channel has broken down but price action did explode off the bottom of the red channel which is still in play.Trade active
No change here, still riding the channel. 33% growth potential in the next 30 days.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.