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IOSTBTC (IOST) - BULLISH SETUP

ANALYSIS 🔎
- IOSTBTC has been on a mid-term uptrend.
- The uptrend is supported by the ascending trendline support (ATS).
- Price is testing the ascending trendline support.
- Price action is printing a pennant (P) pattern.
- A pennant pattern is a trend continuation pattern.
- A bullish continuation pattern in this case.
- There's a breakout potential.
BUY ENTRY ⬆️
- Conservative entry : breakout above the pennant pattern's inclined resistance.
- Aggressive entry : current market price (CMP).
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support, ascending trendline support and the horizontal support level (S1).
- IOSTBTC has been on a mid-term uptrend.
- The uptrend is supported by the ascending trendline support (ATS).
- Price is testing the ascending trendline support.
- Price action is printing a pennant (P) pattern.
- A pennant pattern is a trend continuation pattern.
- A bullish continuation pattern in this case.
- There's a breakout potential.
BUY ENTRY ⬆️
- Conservative entry : breakout above the pennant pattern's inclined resistance.
- Aggressive entry : current market price (CMP).
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support, ascending trendline support and the horizontal support level (S1).
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免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。