AlanSantana

IOST Breaks Above EMA50, First Time Since Sept.

Long
AlanSantana Updated   
BINANCE:IOSTBTC   IOST / Bitcoin
Other than growing by 132%+ in the past 5 days, IOSTBTC recently closed above EMA50...

This is the first time this happens since September 2020.

Moving and staying above EMA50 is a very strong signal, we also see the MACD going above zero and the RSI above 60; all the signals are really strong and already confirmed (not early signals).

We can also see high volume coming up on this chart, the highest since September when prices moved above the EMA300 gray line.

There is potential for IOSTBTC to continue growing... The next target is set at EMA200 (41 satoshis), MA200, and EMA300 (46-49 satoshis).

EMA50 (26 satoshis) is our main and short-term support.

Additional details on the chart.

Namaste.
Comment:
Three days laters we get +130%... Enjoy the profits.

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