$IOST was listed yesterday on Binance. It had a nice pump & has been consolidating for the last half day or so. The pattern looks strong & RSI broke the down trend. I like this as a coin to snag & hold for a few weeks for a bigger pump. Targets are my initial fib targets where I'll take some profits to average down. Seeing as this coin is new & establishing its...
I know it's early, but it's hard to see this coin going on a prolonged bear movement in this bulish overall trend. Stoch RSI is on the oversold side and price is below the 21MA so a good trade entry would be at ~800 sats, maybe with a stop loss at ~700 under the red resistance line. looking for the 1355 sats mark on this movement.
Looks like the "binance pop" for this newly listed crypto is about to resume after a travesty that left it more than 95% in the red on day one. Should be meeting some sell walls at the 1070-1100 levels. Now that Binance has updated the % and it shows a massive increase over 24hrs, there may possibly be some FOMO money coming in.
Disclaimer: This is just my...
Circulating supply 11 billion x 0.092667 USD = 1billion+ market cap,
Good luck to all, remember dont invest what you cannot afford to lose.
Still learning how to use charts, as long as bottoms are higher the trend is bullish
Targets 0.00000900
0.00001300
0.00002700
0.00003900
Stop loss 0.00000715
Circulating supply 11 billion x 0.092667 USD = 1billion+ market cap,
Good luck to all, remember dont invest what you cannot afford to lose.
Still learning how to use charts, as long as bottoms are higher the trend is bullish
IOST is a new penny coin on Binance. Forming into a pennant on the 5Min, look for the breakout to the upside for some nice gains. Keep in mind BTC could greatly effect this but currently I see BTC moving higher.
