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Iost

IOSTUSDT analysisEven though we can see there was a big movement several days ago in IOSTUSDT, it doesn't mean IOST/USDT has broken out from the huge and long bearish highest price trendline. So to make sure that IOSTUSDT has entered bullish market, IOSTUSDT must be pushed higher than the trendline (Break out). After IOSTUSDT break out from the bearish trendline, it can be expected that IOSTUSDT can reach the highest price from IOSTUSDT (ATH) and continue bullish after some percent of retracement. That's my opinion for IOSTUSDT. In conclusion, IOSTUSDT is in a bullish trend, but if you want a huge movement in IOSTUSDT to ATH, then you must wait IOSTUSDT to break out from trendline. If you have other insight please share with me in comment section. Critiques are welcome too.
by dumantri
IOSTBTC (IOST) - BULLISH SETUP ANALYSIS 🔎 - IOSTBTC has been on a mid-term uptrend. - The uptrend is supported by the ascending trendline support (ATS). - Price is testing the ascending trendline support. - Price action is printing a pennant (P) pattern. - A pennant pattern is a trend continuation pattern. - A bullish continuation pattern in this case. - There's a breakout potential. BUY ENTRY ⬆️ - Conservative entry : breakout above the pennant pattern's inclined resistance. - Aggressive entry : current market price (CMP). TARGETS 🎯 - Horizontal resistance level (R1). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the pennant pattern's inclined support, ascending trendline support and the horizontal support level (S1).
ILong
by Chibuike_Odoh
4
IOSTBTC - Pump soon / Dump first ?! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run. This chart might indicate signs of reversal soon - Based on fibs and fibs. Scenario 1: A breakout happens, then FOMO long :) Scenario 2: IOST offers a nice pullback into weekly / 618 levels Target is a global 618 Retracement / Local 1.618 Extension / Monthly level. - Taking profits along the way never hurt :) - Invalidation is down below (chart) -> still can be a good risk reward if ladder long / Final target gets hit. -- Trading level by level and Risking 1% of the account #iost #iostbtc #technicalanalysis #crypto #altcoin
ILong
by FiboWhale
1