IOST/USDT LONG TRADE SETUP.IOST looks absolutely great here. Broke out of the triangle and gearing up to rally 30% to 40% from the current price.
Entry: $0.0549 to $0.0571
Stop Loss: $0.0498
Targets:
$0.0617
$0.0659
$0.0705
$0.0759
Note: This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
IOSTUSDT.P trade ideas
IOST/USDT BINANCEIOST/USDT BINANCE
4H candlesticks
A clear bullish uptrend pattern appears to have formed.
From this pattern emerges a symmetrical triangle, which shows an entry point before the break-out.
Also, a stop limit emerges from the golden ration of Fibonacci retracement.
IOST Price (IOST) = $0.05508 -5.12%
BTC = 0.000001152 -5.04%
ETH = 0.00001619 -5.52%
Good Luck
CryptoHellas Team
IOST/USDT Cup and Handle Pattern Updating my previous prediction - IOST currently forming Cup and Handle pattern as we predicted.
Currently bouncing back from Fib 0.5 and Support order block. It should break out of the handle to enter or wait for the major breakout for additional confirmation. Keep an eye on the Fib to pick the resistance at this stage. If it breaks out of $0.086 then we can expect a bullish move towards $0.13 (Fib 1.618)
This is not financial advice and please DYOR. Keep an eye on BTC correction too. Manage your risk accordingly.
IOST SHORT SETUP PERFECT ENTRY FOR: 1:6 RRHello Everyone welcome to this update. I'll keep it short.
IOST is forming a double top pattern in a daily time frame which is usually a bearish pattern. Also, it breaks the resistance of $0.6458. So it is the perfect time to enter the short position.
#SHORT ENTRY:- $0.62-$0.64
TARGET1:- $0.5338
TARGET2:- $0.4098
SL:- $0.6844
Leverage:- 3x-5x
RISK:REWARD:- 1:6
Please hit the like button if you agree with this setup.
This is not financial advice. DYOR before investing.
Thank you.