IOSTUSDT trade ideas
more than 200% ???!!!hi there
midline is broken and also the last ATH close candle in weekly time frame
we are in a pullback and reaction was good .
if price go up the yellow line we can expect top of channel.
Possible end of correction and wave 5 is comingTo me it seems that wave 4 is finishing up (around 0.015500) and then we should be heading back up to around 0.035000, before we see ABC correction again.
IOST LONGIOST failed to break resistance and went down to support, broke that but quickly bounced over it. Seems to be heading to retest the resistance again. Going long from current position, if it breaks and continues going up, were likely to see 50% gains from current position.
IOST CUP & HANDLE its getting there. IOST FORMING A CUP AND HANDLE
i dunno why but i never go for the full 100% lets see where it goes..
i try to learn where to find the sweetspot on these CUP & HANDLE Patterns and ofcourse there is google but i try to make it better to enter the market on this one.
so would like to see some suggestions from people who are more experienced in this.
IOST is about to breakoutFormation of an ascending triangle. Buyers are taking over and the price should be pushed higher.
Inverse head and shoulders reversal pattern - IOSTUSDT review 📚Good day everyone.
Today, I'll be discussing on the inverse head and shoulders reversal pattern.
1. DEFINITION
What is Inverse Head And Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
2. ENTRY
The entry (buy order) of an inverse head and shoulders pattern should be placed above the neckline resistance (breakout).
3. TARGET (TAKE PROFIT)
The target level of your inverse head and shoulders pattern should be the distance of the head to the neckline resistance. When this pattern is formed in a channel support or rectangular pattern support, your target levels should be the channels resistance and rectangular pattern resistance respectively.
4. SETUP INVALIDATION AND STOP LOSS
The setup invalidation of this setup is a breakdown below the shoulders support level.
The stop loss can be less than or equal to the setup invalidation.
TRADE EXAMPLE
I'll be using my analysis on IOSTUSDT as a trade example on the inverse head and shoulders reversal pattern.
My entry (buy order) ⬆️ - breakout above the neckline resistance.
My target 🎯 - distance (head - neckline resistance).
Setup invalidation ❌ - breakdown below the shoulders support level.
Stop loss 🔴 - setup invalidation / 2.
The trade played out as expected, hitting my take profit and it's still pumping.
IOST LONGIOST so far has been following the plan, all targets reached. For now watching if it drops to support or if it begins to follow elliot wave again, If it continues to follow will buy. Expecting a strong rally to next resistance, with big news coming today.
IOST USDT What we see now :
1- the price at 0,023 $
2- the resistance level at 0,015$ “ we have to wait for daily confirmation “ to turn the resistance to support level
3- there is three positive buy signals yet are active
4- the price cross ATH
What we do now :
- wait for daily confirmation closing and turning the resistance to support and with positive buy signals then it will be a good deal at this level
( YOU MUST WAIT FOR DAILY CONFIRMATION )
TRADE WITH YOUR OWN RESPONSIBILITY
IOST 1D How long will it grow?The long unremarkable coin IOST remind of itself very loudly :)
On 8 January, 2021, IOST co-founder Jimmy Zhong tweeted: "On 16.01.2021, expect a 'big' announcement." This was done just in the consolidation, when it was necessary to break the white uptrend. And the process went on, and how it went), such an intriguing tweet brought investors x4 in a week.
But there is a very good phrase:
"Buy on the rumor, sell on the news"
Now the price of IOSTUSDT has come to the first level of $0.024 , where a correction can begin.
But there is still a day before the publication of this "mysterious announcement", and accordingly, there is still time to fly to a much stronger level of $0.35.
We do not see above yet.
If you are a lucky one who has a long IOSTUSD, pull the stop up following the price movement so as not to give your profit to the market!
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
IOSTUSDT - EW analysis - IOSTUSDT - It is in about to finish the 5th wave of 3rd wave up. There are expecting correction time, only after some confirmatory down move. Because there is always extension possible in high leveraged market like crypto. Let's see how it moves next ...
Give thumbs up if you really like the trade idea.
IOSTUSDT 4H Chart.Pennant or not?A symmetrical triangle must be at least 3 weeks to qualify as such,whereas a Pennnat a few days up to 3 weeks.To have a penanant we need also a steep long price move.Here we do not have this steep long price move before the pennant.Nevertherless,I will give it a try.So I measured the pole from the resistance at the bottom, where I think the small pole started to the highest point in the pennant.We had a breakout already.We have, according to the statistics from Bulkowski,47% chance to have a throwback.We are approaching the Monthly and Weekly resistances.I guess the resistances will play their role and we should have a throwback to the pennant trendline and then an upward move through the resistances.The average rise after a breakout is 25%.This brings us to 0,011288.And according to my pole measurement to 0,019383.Let's see.
IOST LONGIost making a beautiful ascending triangle, forming nice higher highs and higher lows. With a big announcement soon, strong potential to do really well.
IOST IOSTUSDT - Head and Shoulders + 800% gains- We can cleary see a head and shoulders pattern on the weekly candles, which give us great buying opportunity
- The price is above main trendline, and above head and shoulders neckline (breaking out)
- Target is around 0,1 USDT
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#IOSTUSDT (Watchlist)#IOSTUSDT showing Clear H&s on 3D&W TF by Compleat this pattern next targets for IOST will be 0.0075/0.010/0.017.
What we mean by Add this coin to the watchlist ?! 👀
This means the coin we mentioned shows a reversal pattern or moving near a historical bottom, around or above good support, increase in trading volume , accumulation stage, breakout pattern, etc, so, we tell you to keep your eyes on this coin and add to your watchlist.
In the end, This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
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Good luck to all.
we ask Allah reconcile and repay🙏
✳️IOST/USDT (1/12) View + Trading Plan #IOST $IOSTIOST is heading towards and breaking down of the 0.008$ zone. This is the resistance zone that has continuously rejected IOST for 1 year now. Currently IOST has formed a Head & Shoulders pattern and this is the best chance for IOST to break through it to move to higher resistance zones at 0.013$ and 0.015$ by early 2021.
📈BUY- LONG
-Buy: 0.006-0.0063$.SL if B
-Buy: 0.005-0.0053$.SL if B
📉SELL-SHORT
-Sell: 0.008-0.0085$.SL if A
-Sell: 0.0125-0.013$.SL if A
-Sell: 0.015-0.0155$.SL if A
♻️BACK-UP
-Sell: 0.005-0.0053$ if B.SL if A
-Buy: 0.003-0.0033$.SL if B
❓Details
Condition A : "If 3D candle closes ABOVE this zone"
Condition B : "If 3D candle closes BELOW this zone"
