$IOST/USDT 4h (#BinanceFutures)Falling broadening wedge breakout
Internet Of Services Token looks good for bullish continuation after regaining 100EMA support!
Current Price= 0.026028
Buy Entry= 0.025961 - 0.024841
Take Profit= 0.028987 | 0.032609 | 0.036183
Stop Loss= 0.022522
Risk/Reward= 1:1.25 | 1:2.5 | 1:3.75
Expected Profit= +28.24% | +56.76% | +84.90%
Possible Loss= -22.66%
Fib. Retracement= 0.618 | 0.786 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Tags: #IOST #IOSTUSDT #IoT #DApp #NFT #Maketplace #Hardware #Wallet
Website: iost.io
Contract:
#Mainnet
Current Price= 0.026028
Buy Entry= 0.025961 - 0.024841
Take Profit= 0.028987 | 0.032609 | 0.036183
Stop Loss= 0.022522
Risk/Reward= 1:1.25 | 1:2.5 | 1:3.75
Expected Profit= +28.24% | +56.76% | +84.90%
Possible Loss= -22.66%
Fib. Retracement= 0.618 | 0.786 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
Tags: #IOST #IOSTUSDT #IoT #DApp #NFT #Maketplace #Hardware #Wallet
Website: iost.io
Contract:
#Mainnet
Trade active
All entries filledInternetOfServicesToken lost 100EMA but found support slightly lower on 50MA, let's hope it bounces from it!
Trade closed: target reached
TP1 reached +28.24% (2x) and +1.25RInternetOfServicesToken bounced quite accurately and seems to be heading higher.
Continuation is in play, SL edited up to 0.024841 and let it go!
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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.