$IOST/USDT 4h (#BinanceFutures)Falling broadening wedge breakout

2 feb 2022

Internet Of Services Token looks good for bullish continuation after regaining 100EMA support!

Current Price= 0.026028
Buy Entry= 0.025961 - 0.024841
Take Profit= 0.028987 | 0.032609 | 0.036183
Stop Loss= 0.022522

Risk/Reward= 1:1.25 | 1:2.5 | 1:3.75
Expected Profit= +28.24% | +56.76% | +84.90%
Possible Loss= -22.66%

Fib. Retracement= 0.618 | 0.786 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 3 weeks

Tags: #IOST #IOSTUSDT #IoT #DApp #NFT #Maketplace #Hardware #Wallet

Website: iost.io

Contract:
#Mainnet

3 feb 2022

Trade attivo

All entries filled

InternetOfServicesToken lost 100EMA but found support slightly lower on 50MA, let's hope it bounces from it!

7 feb 2022

Trade chiuso: obiettivo raggiunto

TP1 reached +28.24% (2x) and +1.25R

InternetOfServicesToken bounced quite accurately and seems to be heading higher.
Continuation is in play, SL edited up to 0.024841 and let it go!