IOST price discovery gaps.

IOST / BitcoinBinance

Mô tả

⋅ 31 Th01 2018 08:36

IOST has gaps in price discovery from about 780 to 700, and from about 609 to the current price.

IOST is currently a fairly high volume coin, it has several contacts on the support at 780, with sizable bounces off of it, before bleeding out and breaking below this support.

it is a slower drop, so it is not as likely to retest this support, but a similar pattern happened with BCG a few days ago, where it bled about 60% under a strong support, before violently correcting to the support level.

i am buying, i plan to sell some at about 609, and save the rest to either break even on, or to sell at about 720-770 for a larger profit.

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⋅ 1 Th02 2018 00:23

Looking good so far, break out towards 600, lets see what happens

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⋅ 1 Th02 2018 01:33

it has prettymuch just hit my first target now.

Support and Resistance

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franck34

⋅ 31 Th01 2018 14:07

hi. Where do you see gaps ?

angry_bitcoin

⋅ 31 Th01 2018 21:27

@franck34, they are on the chart...

franck34

⋅ 31 Th01 2018 22:38

@angry_bitcoin, this is not gaps. Gaps are hole between prices. I don't see any holes.

angry_bitcoin

⋅ 31 Th01 2018 22:40

@franck34 did you read..? these are gaps without significant price discovery below a strong support.

franck34

⋅ 31 Th01 2018 22:45

@angry_bitcoin, so there are NOT gaps

angry_bitcoin

⋅ 31 Th01 2018 22:46

@franck34, Read the title, it literally says "price discovery gaps" of which there are... i dont know what you call a gap.

franck34

⋅ 31 Th01 2018 22:49

@angry_bitcoin, en.wikipedia.org/wiki/Gap_(chart_pattern)

franck34

⋅ 31 Th01 2018 22:51

@franck34, missing latest ")" when clicking on the link, just add it in your browser.

angry_bitcoin

⋅ 31 Th01 2018 22:59

@franck34, i am not arguing with you any more, i did not say "gap (chart pattern)", i said price discovery gaps. gap is a word in english to describe a void, or a break in continuity.

franck34

⋅ 31 Th01 2018 23:01

@angry_bitcoin, gap is a particular word in trading and as nothing to do here. Cheers

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