Everyone is chasing $IOST today up 52.3 percent. I am sitting this one out
Buying here means buying from whoever bought fifty percent lower
The hourly swing is 14.0 percent of the price so noise will wreck any tight stop
I need an hourly close and hold above $0.001908 before I care
Or a pullback that holds $0.000967 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $IOST here or waiting for $0.000967
#IOST #RiskManagement
Buying here means buying from whoever bought fifty percent lower
The hourly swing is 14.0 percent of the price so noise will wreck any tight stop
I need an hourly close and hold above $0.001908 before I care
Or a pullback that holds $0.000967 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $IOST here or waiting for $0.000967
#IOST #RiskManagement