$IOST - A quick TA of an impending breakout

IOST / BitcoinBinance

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⋅ 7 Th02 2018 12:29

Quick TA of the falling wedge

Red boxes: failed breakouts, as indicated by shooting stars on the candlesticks.
Red lines: resistance lines formed by finding the failed breakouts.

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⋅ 7 Th02 2018 12:44

On a large scale.

Following Philkaone's 55EMA trading strategy, this is a make it or break it point. I am forced to use it on the 1H interval since the coin is so new, but hopefully it should work the same.

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trenncost

⋅ 9 Th02 2018 16:55

check MACD in the daily. it's gonna be a steep crossing. bullish!

FloTi

⋅ 7 Th02 2018 17:49

I also use Philakone's TA...Could you tell me which name the "EMA" you use has because Phil uses the same as you, but i couldnt find it. Thanks m8! :)

NeoButane

⋅ 7 Th02 2018 22:37

@FloTi,
Philakone's EMA Cross x4 by Chuckytuh. Had to change the 9ema to 8 :p

FloTi

⋅ 7 Th02 2018 23:21

@NeoButane, thank you :)

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