llywellyn

$IOST - Long Opportunity

Long
BINANCE:IOSTBTC   IOST / Bitcoin
$IOST was listed yesterday on Binance. It had a nice pump & has been consolidating for the last half day or so. The pattern looks strong & RSI broke the down trend. I like this as a coin to snag & hold for a few weeks for a bigger pump. Targets are my initial fib targets where I'll take some profits to average down. Seeing as this coin is new & establishing its price, it does have the potential to move to lower levels so invest responsibly. The fundamentals also look good here - strong backers like Sequoia Capital.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.