Long
IOST/BTC TA Update (Bullish Inverse H&S?)
IOST/BTC
There is a probable chance of Inverse Head & Shoulder pattern if IOST can hold the current price or not closing below 63 sats.
Currently, the price is still acting strong as it manages to hold the 50 MA and 100 Day MA as support.
We could expect the price to consolidate inside this pattern within 1-2 weeks.
There is a probable chance of Inverse Head & Shoulder pattern if IOST can hold the current price or not closing below 63 sats.
Currently, the price is still acting strong as it manages to hold the 50 MA and 100 Day MA as support.
We could expect the price to consolidate inside this pattern within 1-2 weeks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.