Hi traders,
This will be a very quick and simple chart on IOST
Now, how has the price for IOST been performing?
Well after reaching an all-time-high level on February 19th, IOST/USDT started to correct the gains towards a key pivot level shown here in orange.
-However, the launch of mainnet could create another spike towards last week’s highs or perhaps even higher. with the supertrend indicator we can clearly see the corrections and support.
-The pair has been enjoying a healthy uptrend on the daily chart, above the Ichimoku Cloud, so if the mainnet launch goes smoothly, the choppy corrections could provide a buying opportunity.
-For more chart analysis on the crypto market follow, and if you agree with this, like and share.
This will be a very quick and simple chart on IOST
Now, how has the price for IOST been performing?
Well after reaching an all-time-high level on February 19th, IOST/USDT started to correct the gains towards a key pivot level shown here in orange.
-However, the launch of mainnet could create another spike towards last week’s highs or perhaps even higher. with the supertrend indicator we can clearly see the corrections and support.
-The pair has been enjoying a healthy uptrend on the daily chart, above the Ichimoku Cloud, so if the mainnet launch goes smoothly, the choppy corrections could provide a buying opportunity.
-For more chart analysis on the crypto market follow, and if you agree with this, like and share.