Over the last week or so, IOST has been showing moderate bullish price action: higher highs and higher lows. A lot of cryptos are seeing double digit growth on a daily basis, but not IOST... for now. The last time IOST actually mooned was almost a month ago. Currently, it's showing signs of a potential future break out, starting with a couple of fays of moderate growth. This trade is based around that future break out.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
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