IOST Hourly prediction

Expecting IOST to bounce off one of the support levels today - and I'll be placing a buy order in either of the zones depending on the drop. I'll have MACD, RSI indicators as well as checking volume changes to indicate the reversal of this downtrend.

Will be very surprised if it drops below S3, but this is crypto so you never know.

Once its bounced, it should climb steadily for the foreseeable.

EDIT: Oversold text on the chart should read overbought

Kommentera:

Updated prediction:-

There's a chance we could see the same as what happened at the 0.055 bounce (a short rebound before another big dump) down to .03/.025 so see ya beady eyes on it

Kommentera:

Ideally want to see something like a flag forming to start creating some support - may happen in zone #1, which would be healthy as it will give IOST something to move from.