IOST - Breaking out! Trade active!Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
As we've been saying for well over a week now, we're trading the breakout of this on the news. There was a lot of overhead resistance just shy of 200 and we've broken through that. I do expect there to be some bouncing here but I believe we're going to get a bit closer to 250 before this is over.
A fibonacci extension based on wave 3 gives os a target of somewhere between 250 and 290 but I'm not really expecting it to get that high. I am personally setting a sell at 250. BTC is likely to make some more moves in the next couple days and if it's downward, this and most other alts will likely be affected.
As a point of caution, there's some news this week which will have an affect on the price when it's released or likely beforehand, so be ready to abandon ship.
Trade safely friends!
<3 -CE-
IOSTBTC
IOST - Breakout pending - Take cautionNot financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
I've been saying the same thing for about 2 weeks. Trade the breakout and this is getting close enough where the breakout is getting near.
Several technicals to explain here:
1. 50/200 Daily Moving average is very close to crossing bullish
2. We've been in an uptrend channel for about 2 months
3. We still have plenty of room to go from an elliott wave perspective (wave 5 has barely crossed the peak of wave 3
Now, time for the probability play. There's some good news coming out this week or next week. One has to wonder if the value is already baked into the price from the previous 2 month run. I'm maintaining a buy only on a breakout of this wedge (in red) but look for a break down. If you're in, I recommend selling on a break down. We're within 3 days from the apex of this wedge.
I would not buy here or sell here if you're in IOST. If you're not in IOST... it's the safest move to wait for a breakout to the upside and then to sell at the median.
A risky trader would try and buy the bottom of the channel but that's high risk at this time.
Also look for a rejection of that 50/200 daily moving average. There's a potential for a bullish impulse followed by a bear break.
Trade safely friends!
<3 -CE-
IOST - How to trade in Feb 2019There is a mainnet event for IOST in end of Feb 2019. That will be a good chance to make a profit in this bear market.
Buy in - 160 sats
Target - 190 sats ( Minimum )
SL - 140 sats
IOST/BTC Inverse H&SAs you see here we almost completed the inverse H&S another sign of the rally coming now lets see if we can break though with some strong Volume.
IOST/BTCIOST looks good buy here Going through Accumulation period Mainnet launch This Month on 25th Feb expecting nice run on it
easy 30-100% profit
IOST - Why you might want to wait to buy thisNot financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Before I start on my tangent on IOST, let me tell you about a little feature of TradingView - The alert. Set a price cross alert on this bad boy. Where to set the alert will be analyzed below.
I'll have to be honest, I'm not a huge fan of this but I was asked to provide an analysis on it and this is what I see. First I see what most people in the cryptosphere love. A cup and handle ! Don't get too excited. Personally I think most cup and handles are memes but there are ways to trade them if they actually happen.
Theory is you measure the depth of the cup and trade the breakout and expect a 100% expansion of the breakout equal to the depth of the cup. In this case, that target would be 290 satoshi. In this case, it's about 40% profit. Not bad, right?
I said cup and handles are usually memes so if I end up trading this, I don't expect a target of 290. I'd actually end up taking about 60% profit at about 227 and leaving the other 40% in play and sell it at 245. That is about 50% of the depth of the cup.
Bear market, remember? Don't trade on hopes and dreams. Trade the breakout or trade the divergence. We don't have any divergence right now and we sure don't have a breakout, either.
Don't be afraid to take profits along the way.
Trade safely friends!
<3 -CE-
IOSTBTC a textbook cup and handle probable move upside soonProbable move upside soon. A text book cup and handle in both daily and 4H timeframe. Green line is the target.
Entry: 150-170
Target: 270
Note: Not a financial advice, DYOR
IOS, scenario and targetsSo, in March 2018 we pricked the potential bottom, then in September we started to test it and fell down. We found a new one and created an accumulation zone, then the token started to grew up.
We formed a consolidation zone from the top, which is a resistance zone now. (Last Bottom).
The token will be attractive for investment if the price will realize the "up to bottom" test of the middle line. (Last Bottom).
The nearest goal for the upward movement will be the last high, located at 247 (Local High).
If the pressure of buyers does not go away, then after correction from this level, you can wait the price to reach the violet zone (Main Resistance).
We are seeing a test of the last consolidation zone now, unfortunately from the bottom, which is not the best.
The positive side - we went beyond level 153, and confirmed it as a support.
IOST/BTC Rally coming?As you see we just bounced off of the support in the RSI
MACD crossover about to happen
Stochastic RSI indicating an upward momentum
Black Support line could be used as stop loss
Fundamentals are behind it
TRADE SAFE!
** This is not a Financial Advice DYOR**
#iost WHAT GOES UP MUST COME DOWNTake profits if you're currently holding it. Hard dump is coming. If there is any exchange where we can we short $IOST let me know in comments.
I'll really appreciate if you would leave a like. Follow to get notified for further analysis.
Read other analysis below. ( Over 90 % accuracy so far)
Rising wedge... going down!$IOST Rising wedge, looks its about to break down, with a decreasing volume over the last weeks. Pay attention to the lower trendline of the asset in case that you are hodling this asset. If it breaks down I expect a retrace to 150-160sats at least. #IOST
IOST BTCmo hinh co tang, cho song 5 break out cuoi tam giac
Buy In: 188 sts, Dca 173 sts
Target ( Win/Lost )
240 ( 50:50)
288 ( 28:72 )
326 ( 7:93 )
Thong tin mang tinh tham khao!
Good HODL / Risky (but potentially lucrative) TradeLooks like were playing in a, "No Trade Zone", right before a breakout that is clearly bullish over the long term. Seeing as how i bought the bottom(by sheer luck) at 110 and the lowest it could possibly go is 130 there's really no reason to take a risk by missing a crazy run-up. As for everyone who's been HODLing for a while, you're really in the same boat. If you already sat through 110 then a drop back to 130 - 120 is no big deal. Now you could try to increase your position should it go down temporarily but personally I'd rather not risk having to FOMO back in should a massive run-up come about. If you haven't bought in yet though then id wait for 150 - 130 just to be on the safe side.
If you're buying for the long term then disregard all of the above and FOMO in now
Internet of Services Falling Wedge [IOSTBTC](158% PP)IOSTBTC Is now trading above EMA10 on the weekly time frame. This is already the bullish zone for the classic falling wedge that we see in most altcoins.
I am expecting a strong wave up after seeing this pattern.
We also have a MACD that is trending up and going in favor of the bulls.
The RSI went deeply oversold, reaching 15, now moving up all the way to the bullish side and with good momentum. A breakout to the upside can happen soon.
Let me share with you one of our IOSTBTC trades:
Trade: Internet Of Services (IOSTBTC)
Buy: Up to 0.0000180
Next support: 0.00000149
Targets:
(1) 0.00000210
(2) 0.00000270
(3) 0.00000310
Stop loss: Close weekly candle below 0.00000108.
Capital allocation: <10%.
There is potential for more.
DO THINK TWICE
When making important decisions, give it plenty of time.
Do think twice.
Take time out to decide.
Take time off for yourself.
Do think twice, always.
Always take your time…
Because patience is key to succed in this…
Namaste.
Long IOST - Mainnet Feb 26thWith mainnet launching Feb 26th im looking for a long on IOST.
Looking at the daily chart its obvious that price has now run into resistance at around 173. Ive got two ways to play this, not really sure which one to choose tbh.
First is to wait for 173 to break and then long the retest, second is to long the retest at around 162.
Ive got two setups on chart, lets see which one plays out.
Daily Bullish Signal $IOST #IOST IOST/BTC (30 Dec)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
IOSTBTC SHORT PROFITBuy Price: Green Line
Profit: Blue Lines
SL and Historical low: Purple Line
Invest Suggestion: 20 Percent
Profit Expectations: - 5 - 11 - 16 Percent
Just hold and watch. All targets will be reached in a few days.
Sell when you got some profit, according to your way of trade.
I am sure, you will be get nice profit. Good Luck!
IOST is extremaly oversold, it's close to the historical low and is in down!!!!!
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