IOS Token (IOST): A 57% Profit Since @haejin's Analysis!! What's Next?

SUMMARY

On February 16th, I had posted the below chart of IOS Token (IOST). It displayed the Cup & Handle pattern and an early assessment of an impulse wave which target 1,000 Satoshi. Currently, price hit as high as 727 Satoshi and that equate to the wave 3. Price has risen 57% !!

On April 5, I updated the analysis with an Inverted H&S pattern calling for a minimum target of 860 Satoshi. Price ran as high as 727 Satoshi....not to shabby!

MACD is showing that IOST is currently a bit oversold. Teh overall pattern is looking like a very wide and rounded price formation. The 1,000 Sastoshi target still stands as per this chart, it represents wve 5.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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