I can see this asset on an ascending channel after Mainnet release.
For now it looks it will retest lower trendline of the channel or even EMA50.
After that a bounce could be expect to retest EMA200.
If breaks above it resistances can be expected at 228-254 #IOST
Trade active
Update on IOST, as expected broke the internal descending channel that we reviewed some days ago and now its showing good volume. Crossing EMA200 MACD about to bull cross & RSI Rising. UCTS showing a Buy Signal. We can aim as target the upper trendline of the channel #IOST
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