Updating my previous prediction - IOST currently forming Cup and Handle pattern as we predicted.
Currently bouncing back from Fib 0.5 and Support order block. It should break out of the handle to enter or wait for the major breakout for additional confirmation. Keep an eye on the Fib to pick the resistance at this stage. If it breaks out of $0.086 then we can expect a bullish move towards $0.13 (Fib 1.618)
This is not financial advice and please DYOR. Keep an eye on BTC correction too. Manage your risk accordingly.
Currently bouncing back from Fib 0.5 and Support order block. It should break out of the handle to enter or wait for the major breakout for additional confirmation. Keep an eye on the Fib to pick the resistance at this stage. If it breaks out of $0.086 then we can expect a bullish move towards $0.13 (Fib 1.618)
This is not financial advice and please DYOR. Keep an eye on BTC correction too. Manage your risk accordingly.
