IOST / USDT18% profit potential here if IOST breaks a couple levels. just got back above the 200 SMA on the 4 hour
Iosdt
🔥 IOST Channel Break OutIOST is one of today's top performers. After a long bleed where almost 30% of IOST's value was lost, this token has seen a nice bullish inflow again.
With BTC performing quite well, it's natural that alts are following. The key here is to select the better-than-average performing alts and ride the wave. Be aware that IOST is highly correlated to BTC's performance, so always keep an eye on BTC when trading alts.
Happy trading!
🔥 IOST Bullish TriangleJust most other cryptos, IOST is seeing some strong price action as of late. Currently, the price is still faitly close to the bottom support, so that gives IOST quite some upside.
If bullish pressure continues to build and BTC stays relatively calm, we can expect the triangle to complete in a matter of days.
Buy: 0.0485
Target: 0.065 - 0.075
Stop-loss: 0.041
Happy trading!
🔥 IOST Falling Wedge Break-OutIOST has been forming a falling wedge pattern over the last three weeks or so. Classically speaking, a falling wedge often indicates that a bullish break-out is at hand. During yesterday's BTC gains this break-out has finally happened. This trade is based on the idea that the bullish break-out will cause a new period of gains for IOST.
Seeing the current H1 bar this could well be a fake-out. Place your entry accordingly.
Happy trading!
