IOSTBTC trade ideas
IOSTBTC CUP AND HANDLE PLUS 2 BULL FLAGS!!I know I am finding this a little late but am still going to share it because of the bullish potential I still see. As you can see on the 4 hour IOST/BTC chart we have a cup and handle that I have marked the targets for as well as back to back bull flags that have formed. I think this may actually go a little past the cup and handle target due to the length of the bull flag pole. We do want to keep a close eye on the MACD it is very close to showing a bearing divergence but it is so slight and is more than likely due to the consolidation we are seeing in the bull flags. I will place two targets here one based off the cup and handle and a second off the bull flag. Good luck and happy trading!!
Tea time? IOST has nowhere to go but up from here. Expecting huge gains from this little gem.
Have fun folks.
IOST - will it form a big handle?On 1 side, looks like IOST had just finished the cup and is on its way to form the handle.
On the other side, we see the price is moving in an ascending channel on 15 minutes time-frame.
So let's see if it can break out the handle in the next 60 minutes (which is kinda early, imho). if yes, we can expect the target profit zone to be 640-650sat.
If it can not, a short entry might be a good choice.
IOST - will it form a big handle?On 1 side, looks like IOST had just finished the cup and is on its way to form the handle.
On the other side, we see the price is moving in an ascending channel on 15 minutes time-frame.
So let's see if it can break out the handle in the next 60 minutes (which is kinda early, imho). if yes, we can expect the target profit zone to be 640-650sat.
If it can not, a short entry might be a good choice.
IOST, I WAS Right!IOST took off as predicted... Probably reached it's short term target, time to consolidate a bit.
IOSTBTC UpdateSo last night, it broke out of my bullish pennant and broke 500s. If we can break this zone, there is clearly little to no resistance above. Expecting maybe a slight pull back like usual and then, MOON BABY.
IOSTBTC- Midterm 100-125%!Hi guys, some friends brought IOST to my attention recently. Taking a look at the tech, I'm realizing that we're quite nicely positioned for a very bullish run.
It appears that we have formed a falling wedge on the hourly charts, and it looks like we're very possibly completing a TRIPLE TOP. I really don't need much more of a signal to let me know that an uptrend is on its way.
If the triple top formation is invalidated and we see movement to the downside, look for entry upon breaking the falling wedge, which I speculated is roughly around 420 Sats. If we DO break to the downside, look for a nice entry around 380 Sats, which is close to the last leg down of this wedge.
Guys, this coin will rocket up once it breaches this wedge. I'm calling 861 Sats as a very realistic target, but we may even take a swing up to 1k. Use each fib point as a profit taking target, and be sure to readjust your stop loss with each rally up.
IOST Drawing a Fantastic Pennant to the Upside! Here we see IOST is currently trapped in a nice little Pennant on the 1 hour. We can expect some fast movement to the upside coming shortly.
Keep in mind there is some heavy resistance at the 429 mark. A clean break above 429 would indicate a great buy opportunity. :]
I can also see IOST reaching high above the 800 sat levels during the Binance event. Definitely a good coin to hold on to right now.
Tiempo de indesicion, posible breakout IOST ha mostrado una tendencia alcista, gracias a que ha tenido noticias y ahora con la competencia de Binance, tuvo una alza hasta los 445 satoshis.
Tiene un anuncio el 9 de Abril a menos que sea un gran anuncio, podría dispararse el precio, pero si no es así como en la mayoría de los casos, el precio caería bajo el dicho, "compra el rumor, vende la noticia"
El análisis que he realizado muestra un tiempo de indecision, en donde se ha formado un triangulo simétrico en un chart de 4H, esto indica que tanto puede hacer un breakout alcista como a la baja.
Tomando en cuenta el volumen que ha tenido que es a la baja, además bitcoin siguiendo con la corrección, podría esperar una corrección.
También a considerar es la competencia de Binance.
Si se analiza las monedas que han participado en esta competencia, por lo general en el anuncio suben y cuando comienza la competencia van cayendo conforme pasa el tiempo y cuando este finaliza vuelven a subir.
Veo tres posibles escenarios
Para traders arriesgados
Entrar entre 397, 415 satoshis que ha mostrado una gran soporte,
Colocar un stop loss por debajo de este soporte y esperar al siguiente movimiento
Escenario positivo:
Si se quiere entrar en IOST sin menos riesgo, mi recomendación es que se espere hasta que se confirme el breakout.
Escenario negativo.
El breakout es hacia abajo, esperar a que se complete la corrección, Fib(.382, 382 satoshis) y Fib .5( 316 satoshis)
La MACD en un chart de 4H indica que es tiempo de vender.
El RSI a 4H se encuentra en un intervalo neutral, pero el RSI de 1D se encuentra casi tocando los 70 que es una clara indicación de venta y por lo tanto una corrección.
Factor Binance
Tomando el histórico de la mayoría de las competiciones, casi siempre sube la moneda al momento del anuncio, se mantiene el precio para que el FOMO obligue a entrar a los que quieran participar, después por lo general el precio va cayendo gradualmente, lo cual tiene sentido pues desean acumular la mayor cantidad de tokens a un precio más barato, y después al termino del evento el precio sube.
Esto es lo he notado en la mayoría de los casos con algunas excepciones.
Aquí un articulo interesante de lo que he dicho.
www.astralcrypto.com
Una vez confirmado el breakout haré otro análisis para fijar nuevos targets.
Saludos!
IOSTBTC triangle patternIOST is moving in triangle pattern - potential break out.
Buy: 0.0000400
Target: 0.0000460
Profit: 15%
IOST ready to go up!Bullish pennant and stoch RSI reset on the 4HR. $IOST looking to make a move here with the news coming up and binance competition, stay tuned.
IOST Potential; support lines converging at squeeze pointWill update this once I see a stronger signal
