Long
IOSTBTC (IOST) - BULLISH SETUP
ANALYSIS 🔎
- IOSTBTC has been on a mid-term uptrend.
- The uptrend is supported by the ascending trendline support (ATS).
- Price is testing the ascending trendline support.
- Price action is printing a pennant (P) pattern.
- A pennant pattern is a trend continuation pattern.
- A bullish continuation pattern in this case.
- There's a breakout potential.
BUY ENTRY ⬆️
- Conservative entry : breakout above the pennant pattern's inclined resistance.
- Aggressive entry : current market price (CMP).
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support, ascending trendline support and the horizontal support level (S1).
- IOSTBTC has been on a mid-term uptrend.
- The uptrend is supported by the ascending trendline support (ATS).
- Price is testing the ascending trendline support.
- Price action is printing a pennant (P) pattern.
- A pennant pattern is a trend continuation pattern.
- A bullish continuation pattern in this case.
- There's a breakout potential.
BUY ENTRY ⬆️
- Conservative entry : breakout above the pennant pattern's inclined resistance.
- Aggressive entry : current market price (CMP).
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support, ascending trendline support and the horizontal support level (S1).
Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.