IOST 30min - catch the H&S RS pump & buy dip at 300
IOST head and shoulders incoming if this right shoulder forms and comes back down to the neckline. We are sitting at a Fib level now with a low RSI and estimates are we peak around 345 for the right shoulder before touching neckline at 330. Subsequent drop from neck will be about 30 taking us down to about 300.
Basic set-up:
Details & possible targets:
For future viewers: price of bitcoin at the moment of posting is 8404.10USD