IOST/BTC Inverse Head and ShouldersIOST BTC pair forming daily inverse head and shoulders off the Ichimoku Kumo cloud and 2 big buy signals before.
I'd expect it to complete the IHS, break out and push to the measured move of ~77%@66sats
IOSTBTC
IOSTBTC (IOST) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- IOSTBTC is supported by the ascending trendline support (ATS).
- The market hit a swing high and retraced.
- The retracement is resisted by the descending trendline resistance (DTR).
- Price is testing the ascending trendline support and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Aggressive entry : breakout above the horizontal resistance level (R1).
- Conservative entry : breakout above the descending trendline resistance (DTR).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support (ATS) and horizontal support level (S1).
IOSTUSDT (IOST) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- IOSTUSDT is consolidating in the symmetrical triangle (ST) pattern.
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2).
- Downtrend ⬇️: Horizontal support level (S1), Ascending trendline support (ATS)
DF is following the IOST path - Altseason 2021After a first powerful Signal of Strenght (SOS), DF is consolidating with that bowl/parabola pattern.
DForce is a new comer in the Binance Yield Farming categorie, wich is the new bullish coins you see doing some 50, 100 or more in a day.
With a market cap of only 51M, it has a lot of upside with the volume coming in Alts right now.
I'm adding this coin to my top 4 to make it a top 5 of the week.
DYOR.
IOSTBTCI was a little late for this, It's has come above MA200~360 on 2h timeframe again and maybe there's at least a 40%.
Not financial advice, always do your research
IOSTUSDT - Bullish continuation?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = neutral/bullish. Just had a MSB (LH after HH) that formed a bit of a wedge.
Broken out to the upside now.
Needs to break previous swing high to gain full bull momentum again.
HL are confirming this, decent volume
Notes:
- Did not drop a lot after the BTC run to 40k, showing strength (might be because USDT pairing)
- 'Wedge' broken upwards, looking bullish
Ideas:
- Close above W1/previous swing high would be good spot to pick some up, if volume remains high
IOSTUSDT (IOST) - POTENTIAL BREAKOUT ANALYSIS 🔎
- IOSTUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
IOSTUSDT (IOST) - POTENTIAL BREAKOUT ANALYSIS 🔎
- IOSTUSDT brokeout above the falling wedge's resistance.
- Price action is printing an ascending triangle pattern.
- There's an upward breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
IOSTUSDT (IOST) - UPTREND CONTINUATION ANALYSIS 🔎
- IOSTUSDT bounced off the ascending channel support and brokeout above the descending trendline resistance (1).
- Price is heading to the ascending channel resistance.
- Price is undergoing a minor retracement to the key fibonacci retracement levels.
- We could see an uptrend continuation from those key levels.
- The minor retracement is resisted by the descending trendline resistance (2).
BUY ENTRY ⬆️
- Aggressive (risky) : fibonacci retracement levels.
- Conservative : breakout above the descending trendline resistance (2).
TARGETS 🎯
- Swing high
- Fibonacci extension levels
SETUP INVALIDATION ❌
- Breakdown below the ascending channel support.
IOST & ICXSomeone asked me to make a forecast for IOST.. personally it doesn't look too good atm to me, but in Elliott theory, there could be a leg up to 0.04, but I have a feeling it will fall back to 0.015 or even below.. eventually we could have consolidation and a new trading range around 0.02 usd, but I dont have enough info to say this or so. Atm it looks rather bearish, but you never know if btc goes up again..
ICX on the other hand looks more stable, but same case, we'll have to wait it out.
On the mid and longterm I do foresee a great potential up of-course.
Just HODL I would say.
IOST Breaks Above EMA50, First Time Since Sept.Other than growing by 132%+ in the past 5 days, IOSTBTC recently closed above EMA50...
This is the first time this happens since September 2020.
Moving and staying above EMA50 is a very strong signal, we also see the MACD going above zero and the RSI above 60; all the signals are really strong and already confirmed (not early signals).
We can also see high volume coming up on this chart, the highest since September when prices moved above the EMA300 gray line.
There is potential for IOSTBTC to continue growing... The next target is set at EMA200 (41 satoshis), MA200, and EMA300 (46-49 satoshis).
EMA50 (26 satoshis) is our main and short-term support.
Additional details on the chart.
Namaste.
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
If you want more of these ideas, hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
IOST great opportunity for quick ProfitLow sat coins are pumping from last week. IOST isn't pumped yet and looking to break the pennant. We see a good pump after the breakout. This is a good opportunity with low risk and high reward. 25 is the resistance zone and after that, we see a good rally in IOST.
Buy Zone: 15-16
Target: 19-22-25-29-35-44-49-56-61-68-75-82
Stop loss: 12