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IOSTBTC Expected decrease and bounce

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At the 1-hour timeframe chart it can be seen that a straight Head & Shoulders pattern has been formed and a half of bearish XABCD too.

Technical indicators are also bearish: Stoch RSI is going to hit overbought zone, while DMI shows low, while moving averages suggest a further reverse.

We recommend to fix profit from this bounce around 0.00000128 and rebuy again at 0.00000117
Nota
The price touched the buying zone we mentioned in the previous analysis and bounced. We expect a wave growth to our targets in the short term

Penafian

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