IOST has hit rock bottom and I believe the 5-3 Elliott Wave has played out to 354 Satoshis. But is this just the first part of wave one? Has the pullback and correction started yet? That bottom isn't very far down, so I'm excited to see what this chart does. Who knows, this may just be the first of the waves!
Check out that pitchfork channel!
Watch out to see if these zones hold or break to determine bullish or bearish trends. I believe the 320 range will hold but we also have to watch out to see bitcoin takes a dump on us. Cheers, happy trading. This is not financial advice.
English Breakfast or Earl Grey?
Let's keep this one simple.
C&H - As you can tell, I like Cup and Handle formations. This one looks about 75% complete, and with the support from the start of IOST's spike to the bottom of the cup and beyond, it looks like this pattern is a safe bet.
Volume - We're dealing with double the volume we had in IOST's accumulation...
TA is nothing without news and real products. TA just helps you guide your investing decisions.
IOST hit Binance a couple of months back, but I just noticed it with it's recent pop. Not sure how excited or fascinated I am with the project, but I'll hodl a nice bag and see where it takes me.
looks like a nice bull flag if it bounces inside, might be able to make a quick nickle (5%)
JUST AN IDEA.......trade at your own risk, keep an eye on bitcoin as allways.
ENGLISH : $IOST is heading to a decesive moment in its life. It's going to battle once again with this major downtrend line originated back in 28th January. IOST has never beat it, so a victory here could mean a correction of months of losing value (~200% profit opportunity mid/long-term). A loss, though, would mean the currency will probably go down even lower...
IOST might finally be forming a reversal after a huge downtrend. Probably at the same time when BTC breaks out we could see the start of a huge bull move of this coin. Trading volume was very high during this pattern, which could be a sign for accumulation. Get in when it touches the lower ascending trendline and speculate for a huge uptrend and a comfortable hodl...
iotusd is still cheap the potential target is 8$ ..investing while is at its lowest will bring massive rewards. cheers 1.35$ to 8 $ that will be around around 470% profit to your portfolio..
Hello, Trading View,
This is a new project in asia that has gained allot of momentum. It made it on binance. But unfortunately it is another dap platform coin which only has a hand full of daps on it. so the demand will remain low for the time being. In order to get a dap platform coin up to where ethereum is at. It could take 10 years +.
Sense this coin is...
iost currently at 353 sats
Title says it all, prob won't last long, hopefully up to 390, then infinity and beyond etc.
watch it like a hawk, drop it like a hot coal when vol and price decrease
