Ascending Channel... Stay alert for support hodling.

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I can see this asset on an ascending channel after Mainnet release.

For now it looks it will retest lower trendline of the channel or even EMA50.

After that a bounce could be expect to retest EMA200.

If breaks above it resistances can be expected at 228-254 #IOST

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Update on IOST, as expected broke the internal descending channel that we reviewed some days ago and now its showing good volume. Crossing EMA200 MACD about to bull cross & RSI Rising. UCTS showing a Buy Signal. We can aim as target the upper trendline of the channel #IOST