JustChartThings
Long

$IOST.X #cryptocurrency #IOSTBTC relatively new coin pattern

BINANCE:IOSTBTC   IOStoken / Bitcoin
comparison to NEOBTC             from last summer. Similarities in the patterns on chart, along with similar relative volumes; IOSTBTC             15 minute chart, NEOBTC             daily chart . Not necessarily saying the same exact outcome, but certainly a setup with an attractive risk/reward of nearly 1:4. Worth a shot. Position size in, add on the breakout and confirmation.

Overall market still in suspense for BTCUSD             movement, which could make for an excellent entry for this play near the support levels shown, also another position size in there.

You can trade IOSTBTC             on Binance, a growing platform you should try if not yet already registered. Using their token, BNB, lowers trade fees to 0.05% for some markets. If interested in registering, I would appreciate if you use my referral link: https://www.binance.com/?ref=10276631. It helps me a little and your fees are the same!

What is your opinion on the coin after its struggles today?
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JustChartThings PRO tuxedogolfer24
@tuxedogolfer24, to be perfectly honest, this trade is basically done - the coin can constantly drift lower. Keep on watch for when volume comes back in and you can see it leveling out/closing above previous key levels like 9s.
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Looks like it is bouncing off for now...maybe it's just the market. Hopefully it doesn't break down!
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Love the chart comparison! Thanks!
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good analysis, thanks
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