$IOST long 📈
📍 Entry 0.000839
🛑 Stop 0.0008319
🎯 TP 0.0008681
After a 11% drop in 5 days, IOST started to stall around the old low. The pullback inside it was about 32% of the move, which left 0.0008681 as the inducement level. It poked below 0.0008379 by just 0.7%, then closed back inside. 0.0008681 is still sitting there as the draw. Taking the long from 0.000839, stop 0.0008319 just beyond the fresh low, target 0.0008681 where the inducement sits. About 1:4.1.
Manage your own risk.
📍 Entry 0.000839
🛑 Stop 0.0008319
🎯 TP 0.0008681
After a 11% drop in 5 days, IOST started to stall around the old low. The pullback inside it was about 32% of the move, which left 0.0008681 as the inducement level. It poked below 0.0008379 by just 0.7%, then closed back inside. 0.0008681 is still sitting there as the draw. Taking the long from 0.000839, stop 0.0008319 just beyond the fresh low, target 0.0008681 where the inducement sits. About 1:4.1.
Manage your own risk.
