Alış
IOSTETH - Possible 4th wave completion with triangle formation.
It looks as though Wave 3 on IOST has run it's course, and the Triple 3 wave correction ending in a descending triangle with a sell spike of 4m volume at 0.00007 signals some kind of short term capitulation.
Wave 3 corrected to 0.5, and Wave 1 corrected by only 0.382. So it seems plausible that IOST has finished correcting.
Stochastics are very oversold, and the RSI just hit it's bullish support line.
Wave 1 travelled 0.000024 in distance
Wave 3 travelled 0.000041 in distance
Wave 5 will likely travel closer to wave 1 distance.
Buy In = 0.0000706
Stop @ 0.000056 (a drop below would invalidate this count)
Target = 0.0000946
Risk/Reward = 1.6 (0.0000946-0.0000706 / 0.0000706 - 0.000056)
This could take over a week to play out.
Wave 3 corrected to 0.5, and Wave 1 corrected by only 0.382. So it seems plausible that IOST has finished correcting.
Stochastics are very oversold, and the RSI just hit it's bullish support line.
Wave 1 travelled 0.000024 in distance
Wave 3 travelled 0.000041 in distance
Wave 5 will likely travel closer to wave 1 distance.
Buy In = 0.0000706
Stop @ 0.000056 (a drop below would invalidate this count)
Target = 0.0000946
Risk/Reward = 1.6 (0.0000946-0.0000706 / 0.0000706 - 0.000056)
This could take over a week to play out.
Not
Totally didn't play out as expected. It has continued its corrective pattern.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.