Putrid_Shittgenstein

IOST Set-up For Sniper Trade

BINANCE:IOSTUSDT   IOST / TetherUS
IOST has been enjoying an increase in volume, it recently got rejected at the previous high, and we might be able to do a sniper trade at the 0.618 retrace.

A limit buy order at 0.006232 area might get tagged and then you drop the nuke on the bounce.

A retrace to 0.005459 is less likely though it has stronger support.

Which support is the question.
Trade chiuso manualmente:
Successful Trade.
Commento:
This trade can be repeated at 0.786 fib support.
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